RE:Dumpinvestoryes..i am kind person will take the risk to make money. now i realize that is dump investment in SPECULATE sector. i was very lucky all in the right time.
i beleive pot sector will not go any where due to SUPPLY (more than hundred company) and Demand. i started to reduce my position i pot stock in march/19. otherwise,all my profit would wipe out.
i have investment..hot.un and che.un ( about %13 devident)..they are same situtation with VET. for a year,they have not cut devident....because the problem is temporary.
-in the year 2014-2016, the oil price very low....VET is never cut devident
- i beleive market put the presuure on oil producers to slow down..so the price will overshoot...so big investors make tons of money...either way..upor down they make tons of money.
- simple thinking, other than us and canada,most countries are depend on oil revenue, so if they cut 5% production, they get 20% or more in revenue. if they dont cut , they may lose 20-50 % revenue....so what would you do? currently, opec would not cut any more because of concerning us oil production keep going up.
- good thing about VET is fundamental..if the short seller brings the stock down, a lot people will jump in for lovely devident...shorts are not stupid, and investors are not stupid either.
VET is perfectly for rrsp and tfsa...hopefully, i come in at the right time again, i can not resist 13% devident
cheers