Nothing like a once high-flying industrial giant going into the shitter. At least you aren't the Robinhood suckers that poured thousands into $TOPS
Isn't that the truth.
My last swing on GE was a $6.28 entry and $6.60 exit. I'm currently averaged in at $6.15. I still think it's undervalued, eventually there will be some good travel/airline news. Hard to believe it closed below six.
The market didn't care at all about the Russian turbine deal.
Anything for the fossil energy market is damp right now. Everyone thinks green energy is going to solve our problems.
Yeah. I keep adding a couple shares a week of XOM, averaging down, but deep inside I know they are going to cut the dividend and it will sink like a rock.
I find it hard to believe it won't bounce back though. Hey if Biden gets elected he'll probably go to war with Iran or something and it will jump back to 80+ a share...lol...
And speaking of once high-flying. My XOM position hurts my soul. At least I got those sweet sweet divies today.
(post is archived)