Ok but limited downside is worth the risk here. Oil is NOT going to 25$ trust me. Even for the distribution it is worth it here. Would not short this any lower....not gonna happen.
they bought in in the 4th QTR. Probably got in anywhere form .50 -.80. That is why I bought in too.
It's a spec play for me. Buy a few thousand shares and let it ride.
exactly buy the shares and put em away.....all this stock needs is time. No one spends the kind of coin thye are and not expect a return. No brainer here.
knocking GILD down because they may make 1B$ less than planned. Seriously! They are making billions you morons who cares if it 1 less? That is why I hate analysts---they have too much sway over what should be made. I don't buy a stock because of how much they might make I buy it for many reasons. GILD is a gift at these levels.
your friend was obviously not high enough or he would have known.
worked there and bought stock all the while I was there. Been holding all this time through 2 splits, waiting for the one that is due.