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re: Oil stocks...are you buying?

Posted on 1/17/16 at 10:43 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 1/17/16 at 10:43 am to
The fact of a dividend cut doesn't really matter much to me bc my horizon is 30+ years. However, the fact of a possible dividend cut to a stock I am interested in makes me cautious BECAUSE when the cut does happen, it will tank the price and allow for a much more attractive entry price
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73715 posts
Posted on 1/17/16 at 11:01 am to
you have a lot longer time frame than me. However i originally bought these for long term dividends. But now I'm having second thoughts. I may go all in to make a killing then sell if i get stopped out in the future after gargantuan profits of course. have to wait and see.

top oil stocks for 2016
This post was edited on 1/17/16 at 11:12 am
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