Post by
angelnicky on Apr 05, 2021 7:19pm
SU Still in Penality Box
SU still in PB because of CEO cutting div
May be years before SU recovers back to 1.88 div but at that time EV will be here.
Monty Fool anal did say SU did have a risk of going to zero in the future
Saudi A have SU strings and control the stock price with price control
When Iran gets on board you may see SU and all other ol stocks drop with SU going to 15
Its a risky business in the oil industry with so many uncertainties.
Comment by
Bigbear7405 on Apr 05, 2021 11:29pm
Montly fool has also posted almost 10 articles saying that suncor is going to 40 and maybe 50 because they have laid of people and made their company way more efficient. Cutting the dividend makes them way more profitable than other companies. Lets see what the next earnings is before we see where this is going.
Comment by
1234bmth on Apr 06, 2021 12:46am
If you want to make money, do the opposite of what motley fools said.
Comment by
Bigbear7405 on Apr 06, 2021 2:21am
Montly fools has articles that supports both sides