RE:Oil and gas sectorYeah it's disheartening. Saw a segment this morning. Woman from an investment firm was commenting about nvidea. Question was asked about a stock split. She said she'd absolutely support it, along with anything else to push the stock price higher. This is what's wrong with investment analysts and fund managers. They no longer look at investments, rather as a casino bet or lottery winning. Nvidea is due for a correction.
As for oil and gas... companies absolutely must pay investors to wait. With the price of oil where it's at and money coming in, I look forward to hearing further announcements about debt reduction and increasing the payout to shareholders.
baranja wrote:
I dont' know about anybody else, but tired of this oil and gas sector attacks and suppressions, and when you see something like NVDIA, pushing 2.5 TRILLION USD in market cap, with SP 950, with P/E of 150 and all they do is design video chips, a products that people can absolutely live without.
Gut wrenching.