Post by drunk@noonon Dec 24, 2024 8:07am
214 Views
Post# 36376134
billfox, I sold 90%, but not all. Had an oversized postion,
billfox, I sold 90%, but not all. Had an oversized postion,built it from the 25-30 cent range, Sold because of the drought factor, destroying production for 4 months of the year, and because I saw the weakness in oil coming. Oh, yeah and then, the hudge erosions control costs comiing out of the blue. Plus the perez factor was alway a concern. There is a lot of value here, ONCE THE OVERSIZED cap ex spend is over. And there is alot of upside in exploration. I keep at toe in because of the dividend, which they will keep in 2025 because it's paid for with cash in the bank.
People attack me because I look for the downside as the upside in stocks I own. Too many mindless cheerleader on these boards