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Re: kittie88 post# 3222

Thursday, 08/14/2008 7:08:41 PM

Thursday, August 14, 2008 7:08:41 PM

Post# of 3832
kittie
I'm with you on the football lol. I have never seen a better "real" stock than FRO. I can say Danny called that on below 20 bucks and he called for 100 dollar oil when everyone said he was crazy at 50 bucks (of course everyone was right about him being crazy lol). When you have a ceo like FRO that owns a ton of shares, you know the dividend is safe. They spin off businesses as dividends, have special dividends, etc. I figured it one time with the special dividends and share price appreciation that the stock was up right at a 10 bagger over the last 4-5 years with very minimal risk. I really hope some of Dannys older crew of folks bought in on that and some of the other energy stocks. I'm not 100% sure where fro settles if gas goes to 85 per gallon (wishful thinking probably) but these guys won't cut your dividends. They have been a min of $6 per share per year even under the worst conditions over the past 6-8 years. Take it easy and roll panthers.
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