Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (55827)	8/10/2015 2:30:32 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78666

CVX. I added a bit to a small losing position. If we're going to remain in this oil price environment for many years or more, then perhaps these behemoth oil giants aren't going to survive in a way we might have otherwise expected them to. Otoh, by metrics, looking back ten years, I don't see where CVH has until now traded almost as low as its stated bv. (1.1x). I'll bet on the stock recovering in the next two years. But small bet only though -g-