I've owned this on and off since 2000. I wish I had just kept it. It pays a quarterly dividend at an annual rate of around 10%. Recent tax law changes in Alaska allow it to pay more, so perhaps 12%. In any event, IMHO, it's worth $100. I bought in heavy in March in the mid 80's, the dividends are sweet.
I would recommend keeping it below $85. Definitely not above $ $90. Some people think it will go to a $100 or over. I do not and if it does I think it will drop soon after. Just my opinion.
Good Luck to you.
I have owned and traded this stock for several years. In the last 6 to 8 months it has been in a tight trading range between 8 to 10 points each direction. I believe it is pretty expensive here, but may be ready for a breakout to the upside. That being said, who knows. Depending on your financial situation and risk tolerance, you may choose to wait until after the next dividends payment around July 10th and buy in afterwards when it will usually drop off the amount of the dividend payment. I love this stock and will continue to collect my 8 to 10% dividends on it each year. I do not believe the Prudhoe Bay is going to run out of oil in my lifetime, and I am 61 years old!
been in this for years and would not buy more shares at this high level. There is greater chance price will
go down than go up at $91 level. I am thinking about selling my shares to lock in gain here since in IRA.
Will wait in cash for a market crash, but at least have the gain which has evaporated many times before.