NAW......I don't own any of this. Never have. I WAS going to get in at around $28 when it was dropping in the fall,but it blew right through that and I am just a lurker on the sidelines.
Refineries have changed their schedules a bit in the past two years.
Come the beginning of summer,they have all their maintenance mostly complete and they begin to pump out more gasoline like no other time of the year. So even though Americans are using more in the summer......refineries are dumping more gasoline on the market. Times have changed.
looking for a place to dump it.
Can we say GLUT ?
Social security will never fold,but it least gets the conversation going forward.
1. They will raise the cap and tax ALL earnings for SS or at least raise it substantially. There are more "regular" folks to vote than the 1%ers to harass their elected officials..
2. They will just take more out of the working guy's check.
It had been 30-40 cents higher a few weeks before.
I'll tell you what pops......you tell us when the low is and then I'll buy in again. Why should I go to all the trouble when there are fellas like you on board?
I'll be waiting !!
Discussed about every three months. Or so.
Some seem to believe after it sits at around $120.............for awhile. Then,maybe.
And the definition of "awhile" could vary greatly.
Ya.....double the share price but one only has HALF as many shares as before.
Just pushing paper as one poster I remember said.
It would get it above $5.00 as like Edward Jones told me...."we don't even look at anything under $5. So perhaps some institutional interest. Time will tell.
Gee.....I'd like it to just go to $135-140 FIRST.
But what investors are fearful of is that it continues to drop below their entry point and languishes there for.........months/years.
That's right....I USED to own CIM,but when they announced the 1-5 R/S,I bailed. Lowest in over a year and a half at this time. It WAS riding around $3.03-3.09 for over a year but now it is down to PRE $14.49 or $2.90.