So what's your point? You're not going to change the companies direction. You've taken a loss. I'm sorry. Do you have any better ideas for your investing? If you do then you'd be a fool to stay here. Point being whining gets you nowhere. I'm sure I'm down 10 times what you are in the current downturn, but I'm not whining because it's only a loss if I sell. She'll be back.
At this price RD continues to be a steal. Saudi is pumping near max and can't impact price by cranking the spigot any higher. Majors have cut capital spending to a point where production will be heavily impacted within 10 years. Iran is a ticking time bomb. RD Dividend is best in class. And usage is creeping ever so slightly up. And so on and so on. If I were a working man under 50 I'd buy and hold for 15 years.
Oops won't be selling at market close after all. Forgot about my monthly systematic withdrawal. Not allowed to move 401K funds while payment is pending. How about a little dumb luck here people?
I'll be selling at market close today. May get back in late Monday depending on how RD, XOM, CVX, BP and TOT stocks react to today's cleansing. RD is still cheap, but also thinking there may be a slight pull back coming. I too plan on being there for the divi.
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Bye Bye Skunk
I came to the BA message board to see if you so called "investors" had any useful thoughts on BA. And once again I get a bunch of morons making useless posts. No doubt because it's a gathering place for jerks that have nowhere else or no one else to communicate at and or with. By the way hoozdik_hertz-900, good job with cut and paste. Do you have any original ideas?
Will be close to the escape button on or around the 4th. In the meantime still in. You're right on STOCK, the problem isn't oil, it's Greece (a sticky & slippery derivative).
A bird in hand is better than two in the bush. Been watching the other majors all day long and it doesn't look pretty. RD may join them tomorrow. I just sold all my holdings. Good luck to those still holding.
It's been a couple beautiful days in the neighborhood. Sold on Jan 27 @ $66.69 and jumped back in on the 29th @ $62.31 and today Feb 3 it's knocking on $67.00 . It's nice to hit one right once in awhile. Take the 7% and run or hang in for more? I'm leaning towards the latter.
Sold at the end of the day yesterday after reading a few articles. If it plays out there may be a pullback after earning announcement. Then a buying opportunity. GLTA and be wise my friends. And, by the way, if you followed my every move last year you would've been down about 8%.
Not going to try to catch this falling knife. Will start buying again when it stabilizes or starts to rise a little. If I miss a big jump up, so be it. My dry powders gonna ride this one out. Best of luck to all.
There's reason to be optimistic with recent discoveries in GOM, tighter handling of capital expenditures and liquidation of lower performing assets. Buttttt.... Will the plane shot down over Ukraine and Israel going into the Gaza Strip kick off an overdue correction? Total and BP both down more than 21/2% today. Took caution today and sold, but open to getting back in with any sizeable pull back. Good luck to those hanging in there.