Post by
Bombastic2018 on Sep 27, 2021 10:33am
I really hope this is the start of a run up toward $10
Every quarter should further cement improved SP. I know today's gains will pullback at some point, but we should be on a continued upward trend. Another divvy hime in new year would work, too. Still isnt that high. But the FCF generated at this WTI price should be high
Comment by
Moemoney42 on Sep 27, 2021 10:53am
I do think the groundwork has been set for a run to double digits.. most likely next year.. IMHO.. today we're bumping off the 52 week high and if we can break through it next resistance level is ~$6.30... then its relatively clear sailing to the ~$8.50 mark.. not selling anything until $10.01.. ;-)
Comment by
Bombastic2018 on Sep 27, 2021 10:57am
I hope you are right, my friend. Have to set my exit point in my mind. I see oil rallying thru next year, so will likley ride the wave until toward end of next year at earlist. If it shoots up to double digits quicker than we think, will shave some and let the rest sit. Management Team are a couple of three good decisions from making this thing sing. WTI is doing alot of work, too.
Comment by
schoolinmoe42 on Sep 27, 2021 11:17am
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