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Alias Born 11/19/2009

Re: iambillionaire post# 182

Sunday, 01/04/2015 4:41:03 PM

Sunday, January 04, 2015 4:41:03 PM

Post# of 540
It's a tough call. I did not see the whole oil industry collapsing while I was in this trade. However, I do not see oil ever collapsing at all. Unless everybody stops driving and using paper bags, you'll do fine. It's a question of when the market will come back.
Xco is making a good step by suspending dividend IMHO. The money can be reinvested to increase ebitda. Which is what I mostly look for.
I think you'll do fine with xco in the long term. Jmo