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S&P 500
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US TECH 100
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downthehatch

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downthehatch

Re: None

Thursday, 05/04/2023 11:13:51 AM

Thursday, May 04, 2023 11:13:51 AM

Post# of 549
2023 Q1 Earnings: over $8.00/share...... and the stock is till trading under $7.00.
Even if the company earns ZERO for the next nine months, the PE is uner 1.

The fact is the Beta well is back on line, after the 2021 shutdown due to an anchor strike on the pipeline. Oil is trading at unnatural lows right now, which will eventually correct to more reasonable levels related to long term demand.

I've been a buyer lately, and I am pretty certain this will be a lot higher a year from now.
That's my main criteria.

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