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Re: MCIGGY post# 890

Thursday, 05/07/2020 6:59:46 PM

Thursday, May 07, 2020 6:59:46 PM

Post# of 1282
Kinda feels like MRO is being punished for a couple of days for not paying the dividend. I hope "sell in May and go away" does not apply to MRO this year. Can't help but be convinced that if the economy opens at a fast pace in May so demand increases fast, and storage goes down, that companies like MRO that are set up pretty well will benefit by significantly higher share price. Perhaps nothing earth shattering, but $7 to $8 heading into summer would be peachy, and not overly greedy on my part. I'm looking for $7.50 personally for a possible sell point, but depends on how bumpy the path to that is, I might get nervous and jump ship earlier if it struggles to get there, but hold if the rise is fast and steady. GLTA
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