Fun coupon VOL
You don’t fight with your head Arthur.
- Joined
- Dec 23, 2018
- Messages
- 4,892
- Likes
- 7,576
There should be some contrarian plays with China trade and the Corona-virus. Cruise Lines have surely been getting hammered. Maybe other travel and gambling companies as well. Gambling should be taking off with the legalization of gambling by the SCOTUS 1 or 2 years ago.
By then XOM will be into something else.....
I would expect them to try to buy existing businesses, most likely in the energy field. will they be successful at whatever they choose to do? Some companies diversify well, but many don't. GE
They could shrink the size of the company and pay huge dividends. Most CEOs and boards don't do that.
I just see it as an unknown investment for the long term.
I believe Shell and BP are paying significantly higher dividends. I bought BP after their gulf catastrophe, 2010, and made good money for a while, but have sold each time it has gone up significantly. It's dividend grows now, but I would rather have the price in 2014.
If you look at BP and XOM their stock prices fluctuate together. Since 2010 both had a low in 2010 and high in 2014.
The ME will explode when the oil dries up. They use state oil money to placate the masses. When that runs out it will go to **** very quickly.XOM will make their money no matter what. If electric vehicles push internal combustion to the scrap heap, they'll makeup for it by selling natty gas to the power plants on the grid.
Also, the ME won't calm down until their wells are dry. Every dust up will be a windfall for XOM. And once China stabilizes oil prices will soar.
How is that different than just buying or selling the stock itself?
Is this something you can do on etrade?