Post by
Dali81 on Sep 26, 2022 1:57pm
Hard times for the market
These are hard times for the market but CJ is in good position. Yes, the oil prices are going down but they will go up again. OPEC ia strugling to deliver what promised, the whole industry is underinvested. CJ will reduce its debt level to 0 very soon. The management proved its qualities during past 2 years and I'm quiet confident it will get us through following years too. The share price will most likely go down further but in long run, we will make profits! So heads up, ignore bashers...
Comment by
jx7000 on Sep 26, 2022 2:42pm
Commodity prices have always been manipulated, and today it's no different. Add to that the short sellers and programmed trading and voila--buying opportunities. I'm adding slowly for cap gain (registered accounts only) plus the div is nice, too.