Wish I had your optimism. I think the days of three-digit oil are over, never to return...as least in my lifetime. I hold because I don't need the cash. The only short to mid-term jump would be due to M & A.
Awilco reminds me of Citi back before its 1-10 RS. Same trading habits except on bigger volume.
As I said, I'm just sitting with my position right now. With the loss I sustained from the huge drop, I gain nothing by selling. My goal now is to minimize that. I don't believe it will ever get back to my cost basis.
The Pope understands demographics, and sees the faithful no longer fall for the scam of a small aristocracy living like kings telling others they are sinners, while they themselves believe they are not subject to the same doctrines.
On the other hand, the growing strength of the dollar, and the falling pound, could make those London high end abodes attractive.
Buffet is the omniscient patriarch who believes he alone knows what to do with returns. Of course, he has never insistence his positions (KO, IBM, WFC, etc) stop paying divs.
I have no idea why Greenspan still appears in the media. He can't keep track of a thought from beginning to end. His dotage is so clear it's sad. He should be playing gin rummy with Sumner Redstone.