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re: Are O&G stocks about to rise significantly?

Posted on 5/1/20 at 4:54 pm to
Posted by Volt
Ascension Island, S Atlantic Ocean
Member since Nov 2009
2977 posts
Posted on 5/1/20 at 4:54 pm to
quote:

I'll buy the same amount of VGT


I’m right there with you on VGT. I bought quite a few shares during this downturn. In fact, I sold a chunk of my VTSAX shares in one of my IRA and one of my non-retirement accounts and used the funds for VGT.

I’m not looking at O&G as a long hold, but rather 12 months at the longest.

I did get in on a few midstream companies near the very bottom and was up around 150+% before today on them. I don’t know much, but I keep thinking this industry still has a lot of upside as far as a stock play.

Well, as long as the ones I’m in don’t fold.

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