Sign up, and you'll be able to customize your font size and more! Sign up
Jun 3, 2020
9:02:21am
Pimpin4Paradise Intervention Needed
Here to eat some crow, but this story ended well for me too.
Back on 03/17 I poo pooed this stock and said that the company was not likely to maintain their dividend. After doing some research, I decided that the stock actually was worth a shot because their business is more insulated from oil prices than the big producers, even though they follow similar trend lines. I bought a decent amount on this assumption and the assumption that oil would be seeing a substantial increase in the near future. My return on that trade as of today is 78%. Thanks ray ray. You were right and I was wrong.
Pimpin4Paradise
Previous username
ChubbyChaser
Bio page
Pimpin4Paradise
Joined
May 2, 2008
Last login
Nov 12, 2022
Total posts
56,121 (5,737 FO)
Related Threads Topic: Stock Gurus, any thoughts on Energy Transfer (ET)? 4.2 P/E seems really low even (ray ray, Mar 17, 2020 at 9:56am)

Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.