InvestorsHub Logo
Followers 241
Posts 12150
Boards Moderated 3
Alias Born 04/05/2009

Re: bar1080 post# 296

Thursday, 08/30/2018 6:33:22 PM

Thursday, August 30, 2018 6:33:22 PM

Post# of 1495
Believe it or not, someone actually recommended shorting TPL when trading at $146.31 in June 2015.

https://www.valueinvestorsclub.com/idea/TEXAS_PACIFIC_LAND_TRUST/136923

I paid $194.80 on 8/20/2014 and then doubled my stake by paying $148.80 on 3/12/2015. Average cost is $171.80. Then sat back and watched as WTI to continue to fall in price.

My earnings yield is 10.5 percent ($18.04 TTM/$171.80 cost).

TPL is considered a permanent holding.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TPL News