I'm buying in the dog days of summerLast year at this time, everyone was crying and I was buying. Did nicely and sold 80% @ $10.41 June 1. Loading up again as we bounce off the 52 week low.
Nothing but upside to the SP - CEO announcement imminent, Saudi has no spare capacity, Venezuela crashing, $1T foregone worldwide investment past 4 years and reserves replacement only 11% last year, world annual decline = 5Mbpd, US shale oil productivity rolling over, Permian p/l bottleneck, US economy is boiling over.and everyone is trading their EVs for SUVs.
Gotta luv the opportunity to make more easy cash when P/CF = 2 and WTI is heading past $100.