Post by
dllscwbysfn on Dec 05, 2024 8:51am
FOMO
cost me quite a bit, this stock had so much potential and still does. If the price goes low enough , like a 2 handle I might get back in and trade it. Way too many potential things happening in the near term to hold for the long term. These things in my opinion are 1- tax loss selling,2- production expected to fall in Q1, 3- FCF will be in the 2nd half of the 2025, 4 - FX is really going to affect their debt and debt payments.
Simply put this company is a star but not at these WTI prices. They really need 80 plus, but then again which oil company doesnt.
Comment by
dllscwbysfn on Dec 06, 2024 9:49am
5 - 6.8% unemployment . And this number would be worse if the government wasn't hiring. The gdp numbers are a little off due to all of that immigration otherwise I believe we are in a recession.