2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.38

+2.7%

Nov 10 4:00 PM EST

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To: TobagoJack who wrote (183495)	2/3/2022 4:54:47 PM
From: sense	Read Replies (1) of 217670

My favorite miniature oil company is "feeling it" again now... Has struggled the last few years as it has had one large percentage and price insensitive holder as a seller disposing of shares... a failed hedge fund selling it as their smallest and non-core holding to use the $$$ to preserve other value. That had me hawking it already. And then Covid happened. Seems both of those are mostly done, now... or at a least down to a level of noise. I bought below $0.20... twice... sold at $1... traded in and out as it has consolidated. Threshold issues with crossing the $1 barrier might be resolved now and help broaden the market... and, if oil continues higher from here... its likely they will too. It's my third spin with it. Bought it at $1 in 2007 and rode it to $8, and again from $2 to $9 in 2009 - 2011. Well managed. It's "cyclic" as they tend to buy up good ground using debt in bad markets... then produce it and pay the debt down in a rising oil market... until debt free... and they continue growing and succeeding with a bit more volatility than most... which works for me...

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