how would you feel about them divys if you bought at say 38. I owned 8000 shares that were below 24 and 23 and had planned to keep most till 35 at least. I sold half of them last week above 31 because something felt fishy. that 2 dollar difference means 8000 dollarinos that amount may not mean a lot to you but its nearly a year of divys. my only mistake is that I did not sell the rest of them that day. it may go on to 40 but it will be without me cause I am tired of dealing with the idots that are left in this stock. not all are idionts but most. this thing wakes up in a new world each day. and you have to look at the cost of playing with this psychotic stock verses other stocks making real gains while this flops around
that's a good plan and have thought of before. probably I have been too angry lately of this to make the move thanks for reminding me of that possibility
nice to here some real opines in this forum instead of reading a bunch of political agendas and made up bs. I apologize to the ones that aren't idiots for saying that statement. and to the idiots your know who you are. and to postnasal I didn't buy at 38 but was giving an example am in mid 50s and retired early because of 2008 and the market that ensued and thanks for your concern
so if you and I quote, plan on holding my shares for a very long time, why are you worried about some shorts loading up. if the price goes down and divvy goes up just buy more and laugh to the bank on a monthly basis.
i see it paying its divy soon i see it making more money in the future, i see things gettting better in future, i see higher divys i see higher price. i will buy any pullbacks and intend to hold for medium to long future
i thought i would remind all you previous bry holders that you are about to get paid a divy. this is not for the year but comes to you monthly. so next month around this time it will happen again and so on. it really does work.
i think nothing short of a divie increase could of held this stock up today. and then the questions would be if it was sustainable. i dont know if anybody is looking at this qtr has just 15 days of bry. i dont believe bry received a divy in dec. so either lines before bry assets created 31 mill. extra cash or brys 15 days of production created it. either way thats good for holders. also i live here in the permian and it has been coldest winter in 20 yrs. all producers have had to shut down production at times due to the flow lines freezing up. these holdings have been full of drama queens since july or august of last year and if you can follow and respect a downgrade that comes out 15 min. after earnings release this morning you get what you pay for. heck it took me that long to write this useless peice if information.
Sentiment: Strong Buy
at the divyphobics who collect the 24 cents and then sell the thing down 60 cents. it happens in all these divy paying stocks. i tried to find out the answer from some that do it all the time and there was no rational answer. but when is the last time this thing had any rational in it.
Sentiment: Strong Buy
food for thought, cramer made his bold and beautiful call on fifteen days of bry in that earnings report. really is he that good. i doubt that even the linn accounting staff could even make that assumption. remember all this hoopla is based on 15 days of production that was growing in the last bry report. in the first place you should in no way shape or form base any buying or selling of stock on what cramer has to say on a day to day basis. he uses his show to pump and dump stocks. i use to enjoy watching him but now dont even turn the tv on when hes on.
i think youl get your 28 back today. these things seem to always over shoot when tryin to hold levels drawn in the sand