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Re: Scotttrader80 post# 38

Wednesday, 11/20/2019 5:48:59 PM

Wednesday, November 20, 2019 5:48:59 PM

Post# of 250
Not really... just depends on how far you want to go back you could look at a chart and play with different moving averages 20-day 50-day Etc..

It had a good dip just after Christmas last year but that coincided with the market in whole coming down..
This time it's because a lot of companies are selling their oil Riggs, Fields, pipelines stuff like that..

People will always need oil, gas just like we need food and water.. Were good imo

In my mind I'd like to think that their dividend payout shouldn't exceed 15% or so
That probably puts the stock closer to 8 or 9 buck Target
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