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Message
re: When will XOM recover?
Posted on 2/23/17 at 11:33 am to UltimaParadox
Posted on 2/23/17 at 11:33 am to UltimaParadox
quote:
I would not be expecting a big bounce back in price until oil starts climbing, and I would expect them not to spend money on buybacks. But they will sell assets and cut costs so when oil does bounce back they will have a strong balance sheet.
Agreed, any stock price growth will only come from organic growth of revenue & net income.
This post was edited on 2/23/17 at 11:35 am
0
Posted on 2/23/17 at 2:23 pm to Paul Allen
quote:How do share buybacks increase revenues?
Correct, I mean share buybacks
Posted on 2/23/17 at 2:31 pm to lsufan1971
quote:
I am holding 640 shares from an inheritance. My cost basis is 82.20 a share so I could sell right now and not have to pay any tax. Been thinking about dumping all but about 15K worth and putting into VTSAX.
Depending on how much 50k would represent of your savings, this isn't a bad idea.
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