RE:RE:RE:One yr from now 15 plus!!Exactly . When was the last time anyone got a 22% raise at work ? I remember guys screaming for Grant to " do something" He did something that analysts are happy about. We all have first world problems. Holding this for a few years at least unless there's a major black swan event . I cannot see any reason why the USA would ever go back to their old ways of overproducing . It would be suicide this time around. No tolerance for that behaviour now.
jimgeorge wrote: You "negative nellies" make me laugh. How fast did you think WCP was going to raise their divy? A 22% increase is big for a company that wants to grow the divy carefully so they don't have to crater it if commodity prices drop. Beware of companies like CJ with an 8% yield, the market clearly thinks their divy is risky at these levels.
I think the WCP divy is safe at MUCH lower commodity prices, I will sleep well while I take in my $20,000 per month and watch the share price double over time.
But a market needs sellers as well as buyers. GLTA