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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (157412)5/3/2020 12:44:32 AM
From: TobagoJack1 Recommendation

Recommended By
Cogito Ergo Sum

  Respond to of 218008
 
RE <<XOM>>

difficult for me to imagine XOM going the way of Kodak, even that it is an asset-rich company even if the asset has been re-priced, likely only temporary

of course much has happened that was difficult to imagine

we have and are learning

the FED is doubtlessly ready to backstop systemic issues

the virus, if acting more as an accelerant rather than change-agent, one outcome

if both as accelerant and change-agent, another outcome

speeding blindly into the unknown and without effective directional control is likely not great, especially if the captain / management not astute agile

If I were XOM I would consider buying DRD, RGLD, FNV, and NEM. IOW, buy true cash with false debt.