- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
XOM stock
Posted on 1/12/21 at 2:59 pm
Posted on 1/12/21 at 2:59 pm
I’m down 44% over the past year with an initial investment of $25k. Would you cut your losses on this, or hold onto it and hopefully ride back to even?
Kicking myself knowing I could have made that up then some on some index funds in 2020
Kicking myself knowing I could have made that up then some on some index funds in 2020
Posted on 1/12/21 at 3:06 pm to brightside878
I've held XOM for years at a loss. I finally cut bait with some of it to buy some of the more active stocks that are being discussed on this board. I'm not totally out, but cut my position in about half to try and recapture some gains. The dividend still makes it worthwhile to me- it's up about 20% from its low, so even if it trades sideways for a while, there's still a 7.5% dividend
Posted on 1/12/21 at 3:25 pm to brightside878
I sold my cvx about 5 months ago. Took a hell of a loss. Started investing in other things and my total portfolio is up almost 30 grand total. Glad I did. I'm back in cvx for about 20 grand now
Posted on 1/12/21 at 3:29 pm to LSUGUMBO
That’s the point I’ve gotten to. I don’t see it getting back to $77 anytime soon
Posted on 1/12/21 at 4:05 pm to brightside878
I think it’s ok to hold through about $60. Above that I’d be concerned long term.
Posted on 1/12/21 at 4:16 pm to brightside878
It’s up 50% in the last 2.5 months, dividend is secure now and oil seems to be holding 50 before the economy is fully opened back up. If I were going to sell I would have done it on December 31 to take the losses on taxes or offset some other gains.
You definitely have a stomach for tough investing if you held from 70 down to 30, twice, while the rest of the market was going gangbusters.
You definitely have a stomach for tough investing if you held from 70 down to 30, twice, while the rest of the market was going gangbusters.
Posted on 1/12/21 at 4:33 pm to brightside878
with inflation coming, commodities will pick up steam. HODL
Posted on 1/12/21 at 4:44 pm to b-rab2
True
I see commodities skyrocketing
I see commodities skyrocketing
Posted on 1/12/21 at 4:45 pm to b-rab2
xom just reported some significant successful step outs on some large conventional oil discoveries...(pretty sure i read this and figured it played into the recent bump)...????
fyi i started picking up xom,chevron and rdsd around march and they are rebranding into energy companies..i am thinking rdsb and xom will move into more wind as europe is headed there with offshore windmills everywhere.....
and i needed some dividend stocks
fyi i started picking up xom,chevron and rdsd around march and they are rebranding into energy companies..i am thinking rdsb and xom will move into more wind as europe is headed there with offshore windmills everywhere.....
and i needed some dividend stocks
Posted on 1/12/21 at 5:19 pm to Thecoz
Read up on @XOM connections with fuel cell
With more regulations coming, and the demand for oil continuing through 2040, this could position them as the winner long term
With more regulations coming, and the demand for oil continuing through 2040, this could position them as the winner long term
Posted on 1/12/21 at 6:11 pm to lgh
quote:
total portfolio is up almost 30 grand total. Glad I did. I'm back in cvx for about 20 grand now
30 grand on a $30,000 investment? Or on a 3 million dollar investment?
I don’t want to know. Just pointing out that your numbers don’t indicate anything. Percentages tell the story.
Posted on 1/12/21 at 6:50 pm to brightside878
At least the dividend is good. Treat it like a bond.
Posted on 1/12/21 at 6:59 pm to brightside878
Might want to hang tight they are just getting into some huge discoveries in Guyana.
Posted on 1/12/21 at 7:20 pm to brightside878
There’s worse news for some people. I loaded up on BP right before the fall
Posted on 1/12/21 at 8:41 pm to windshieldman
Thanks for the feedback. I’m just gonna leave it for now
Posted on 1/12/21 at 9:05 pm to brightside878
CPE has the most potential
Posted on 1/12/21 at 9:22 pm to Fox McCloud
Now there is a name I have not heard in a long long time
Posted on 1/13/21 at 1:12 am to bayoubengals88
up 15% before the hit
up 150% from the covid bottom
up 150% from the covid bottom
Posted on 1/13/21 at 3:00 am to lgh
Jet fuel demand still way down but people not invested or were interested in investing in oil missed a bottom on oil/energy sector TWICE. Wait till jet fuel demand gets back close to pre-covid before selling XOM.
Could you have made more in other areas? Sure but hindsight is 20/20
Could you have made more in other areas? Sure but hindsight is 20/20
This post was edited on 1/13/21 at 3:08 am
Posted on 1/13/21 at 6:12 am to Otto Scorzany
$XOM Exxon Mobil Price Target Raised to $56.00/Share From $50.00 by JP Morgan
Popular
Back to top
Follow TigerDroppings for LSU Football News