RE:RE:RE:RE:RE:YGR HammeredLOL. I have pretty much the opposite experience here. Loaded up big time after covid crash/oil price war for a 56 cent cost basis, then sold half those shares around $1.35-40. Kind of regret that a bit, but I was waaaaay over-weighted in just this one stock. Now, I'm once again waaaay over-weighted in just this one stock and have tripled my cost basis to $1.62 now (averaged up).
No regrets about doubling up here. Not at all. This too shall pass. Dividends will be anounced in a couple of weeks and this stock will be on the general public's radar again. We'll say our fond farewells to the short sellers and re-evaluate selling this stock in the $8 range. Maybe this quarter, maybe next, who knows? But soon enough. You'll see.
Helloworld wrote: Bought at $2. Rode up to $4 and did not sell. Really regretting that now. Also regret not selling at $3 last week now. What a disaster this last month has been. Feels like a falling knife but if oil averages 85 and aeco averages 4.50 for next year company is debt free and trading at over 50% FCF yield at today's price. Not sure why it keeps being the worst performer on the day. A buyout would be nice.