Post by
kavern23 on Dec 30, 2021 9:35pm
If a person had a spare 100k-what would u buy....
If a person had a spare 100k-what would u buy....and it can not be any more OBE stock...what you people choose:
I would do IPCO at 7 bucks in a heartbeat.
It will be 10 dollar by March 31, 2022 with very very little risk other then commodity prices really tanking.
They have bought back already close to 6m dollars worth of shares...like 900,000 shares and they just started the program in December. Crazy agressive.
Sharebuyback program may eventually care them to 8 just on it.
Only downside...very very illquid stock and doenst trade volume.
Also not marginable for me ever.
They also have some of the best debt reapyment I have seen in 2021 and they had some unfavorable hedges.
Would love to see IPCO take a run at buying OBE at some point in time. IPCO will be debt free soon and management says they are on hunt for take overs.
Comment by
kavern23 on Dec 30, 2021 9:38pm
I would have taken 10000 shaes of IPCO today but some bro 50000 shares of IPCO for sale at 7.08 so have to back off until that is gone.... Anyone interested in IPCO watch for the iceberg sell at 7.08
Comment by
WRig33JN on Dec 30, 2021 11:24pm
Hey, first post. But ive been lurking reading these forums for a while. This marks my 1 year getting into stocks. Definitely appreciate all the info on here. Ive been holding IPO for most of 2021. With intention of selling/realizing gains in 2022 and diversify into other O&G. Most likely some OBE. Hoping for another double in 2022.
Comment by
Goldenwest on Dec 31, 2021 11:06am
Haha Penny you will see in time I'm not a troll. I'm not going to take the time to argue with you anymore. Wishing you a healthy and prosperous 2022.