MV Oil Trust Message Board
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Forbes Article So Bad It Must Be Deliberate
MVO slashes its dividend??? Can journalism at Forbes really be this sloppy? Thanks to jduade for posting a comment that set the record straight. I am surprised they let that comment stand, it must be acutely embarrassing to have gotten something so badly wrong.
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Exactly...this bagholder is getting 25% annual return on investment (not to mention triple bagger appreciation).
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So some 23 year old, snot nosed journalism major, posts an inflammatory story. Don't forget their goal is to sell newspapers and magazines. What makes you think Forbes is any different than the National Enquirer ? Next quarter they will probably say that MVO significantly increased it's dividend. Both stories will be wrong and the sheep will read it and follow it wondering why they can't make money in the market.
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This turd was up 10% and most idiots here don't know the rule is to take off 1/2,. these boards are full of bagholders.
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I made a comment at the bottom of the article. It's sad that some people might actually sell their units based on that drivel.
- 1 Reply to jduade
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OOps, didn't read your whole post before. Things are a little crazy here at work. We should ask them to write a follow up article with the real facts...or maybe one of us longs should write a Seeking Alpha article.
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