Windfall Tax I just can't believe they would tax oil - gas in Europe 25 % until December for now , because there doing so well ? Now I don't know all the info ? Maybe it only affects who knows ?
I think the obvious question is where were they when we all lost are shirts , while they were pumping Wind - solar - ya da - ya da ya da !!
Did they give us a 25 % feel sorry Tax ? I really am upset about this , it seems wrong ? You are doing well , but you know we just don't think it's cool for you to make money in the oil and gas sector ? Ok so doest Apple have billions and billions on the books just sitting there. ? They do ?
Where is the windfall tax for Apple. ?? RIGHT ?
I mentioned I was going to lighten my weighting in energy , disclaimer , I am 100 percent energy for 2 years plus. So now I am protecting the gains . I decided after the 12 percent drop a couple of weeks ago in one freakin day ! That when the price got back to 11 I would sell 50 % of my shares in Whitecap , witch is almost exactly my original investment amout. So I am playing entirety with house money .
Yet I am typing and Brent just hit $120'!! WTI $116 and because I sold you all can thank me. Cause you know we are about to have a 10 percent rise this week. !! Lol lol but likely true.
Anyway , I am on dry powder , big time. My hope is the market actually does tank ( not energy as I am still 50% weighted.
Just want to say I know I am probably stupid For selling ! I mentioned I set sell or target prices of what I would sell at and we Passed it at $9.26. Obviously, lots changed. A war was a large surprise.
If we have a bad day in WCP , I may not have the strength to not buy more WCP.
So here is to $12 bucks this week , and the box of Kleenex I bought today. Might need it !!
Craig