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re: O&G stocks - when to start taking profits?

Posted on 3/9/22 at 6:07 pm to
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 3/9/22 at 6:07 pm to
Kinda think I’ll keep my EPD and COP for a while …. Just let me drip and I’ll check again when I’m older

ETA: I’ll sell when AOC is elected President
This post was edited on 3/9/22 at 6:08 pm
Posted by frogtown
Member since Aug 2017
4995 posts
Posted on 3/10/22 at 8:04 am to
I am still in VET, BTEGF, CDEV and ET. Looking to start selling in the summer.

As soon as ET hits $12 it is gone.

I have price targets on the others and start selling them soon. Doing some covered calls after the recent run up in price.

I plan on keeping VET for a while due to Euro nat gas exposure.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2788 posts
Posted on 3/10/22 at 8:21 am to
I usually have several 100 or 200 share lot stop loss orders in at various levels on stocks that have performed well. Some of my tighter stop loss orders (Shell and BP) have filled. Not unhappy to take some profits on part of my holdings of winners.
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