RE:RE:RE:5$ Yawn ,are we there yetHistory lesson, equinor, the geniuses behind the bazillions the Norwegians invest from their oil profits, decided to bow to social pressures and "leave the sands". In January of 2021. They sold 100 million shares of ATH at 18 cents. Eric nuttal bought half. Never found out who bought the other half. That was the worst trade I've seen since I started investing in 1978. Well maybe not, I forget sh!t. Point is, when idiots are climbing over each other making financial decisions, for non financial reasons, do the opposite, run away, don't follow them over the cliff.
Maxmoe wrote: Answer, yes. The oil doesn't know it was "heavy" when it goes in your tank. Down with weight shaming.
5oceans wrote: Do you actually think that a company with such a significant investment in a oil sand would be a desired asset now? I get it, the price of oil and all of the rest supporting arguments against the fact that all big internationals are leaving the sands. I hope that you are right. I had that thought but the heavy bitumen keeps weighing in. One way or the other, i chose to be here and hold for the $5 and evaluate. All the best.