RE:RE:RE:What is your exit price Topdown?I personally am not fixated on an exit price. I am looking more at the data and watching the trends i.e. inventory etc.. I also feel the cycle will last more than 3-5 years so why sell early due to a predetermined price point is my opinion.
If I learned anything in my years of business... it's cutting and slashing investment takes a long time to reverse/fix even when you have a will and a way.
That said I don't think the eco warriors will give up the battle. They will attack pipelines, drilling, funding etc etc relentlessly as they always have.
Unless the new Biden slogan is "build back better laying pipes and drilling for oil"...I will sit back enjoy the ride and let the next 18 or so months play out.
ManitobaCanuck wrote: 10$ atleast agree . I have some of this in my TFSA and RRSP too.
Oil Bull cycles last 3-5 years and not selling before 2023 .
topdown99 wrote: I'll be holding to $10 , you see I bought with cash and I have time to spare . I expect to be holding for the next 18 months while I bathe in FCF and dividends . Whats your plan ?