GREY:TBTEF - Post by User
Comment by
konzelmannon Nov 23, 2015 6:57pm
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Post# 24317733
RE:RE:RE:RE:Effect of Dividend reduction/elimination
RE:RE:RE:RE:Effect of Dividend reduction/elimination
Like I said, you can argue the odds or the specific return. It sounds to me like you're extremely bearish on oil, so you would argue that the odds may be low. That wasn't what I was trying to address - what I was trying to address is that if you feel oil is likely at the bottom, if you feel that oil could over-react to the upside more quickly than people expect (just like it over-reacted to the downside faster than anyone expected) then TBE is one that has potential for a 3X or 4X return when few others offer this. That potential for a 3X or 4X return that exceeds the return offered by most other stocks is a great reason to own TBE. You're absolutely right that if oil goes to $20 and stays there for a year, the potential will not be realized. But I am sure there is someone somewhere who thinks "man, if OPEC cuts in December, how am I going to make a big gain quickly?" and the answer could easily be TBE.