RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:@#$%Or swing trade it between now and summer for a quick 10 to 20% return between now and fall if WTI continues trending higher. Collect the monthly dividend for added bonus. Money is there for those wanting it. I'm buying again tomorrow or Monday when the dividend payout hits my accounts.
BigJake wrote: Anschutz wrote: Exactly! This company is generating wealth through dividends. Those that got in early are doing great. Those buying in now are getting in at a reasonable price and setting themselves up for monthly return that by all indications is set to pay even more.
BigJake wrote: DivChase wrote: 100% Return every 15 months. Lol. That's hilarious, thanks for the laugh.
i think you meant 7% per year . Dividend would be OK if this could ever hold its value year over year.
This past year. Down over 6%. Div 7.5%. Delta is plus 1.5% gain. Inflation 3.9%
still a loss after the dividend.
I think what he is saying is the dividend is paying his original purchase price every 15 months. If you got in early this is very possible. I am at approx 14 months with 10x capital appreciation, it really depends on when you bought as to how you feel about WCP as an investment.
As with any oil&gas producer, if you are buying today you have to believe that WTI will stay at these levels for a couple of years. If that holds true there should be no reason why most of these companies should be a double from here. Just my opinion