Sunday, February 10, 2013 4:24:16 PM
I evaluate each company individually based on what I think their prospects are and normally expect to hold it for decades unless there is something about the base business or management that changes my mind. It has worked for me for the last 40 years so I see no reason to change at this point.
MVO is my idea of a short term hold and I will probably get out of it around 2015 depending on what is going on at that time. I might bail sooner or hold an extra year based on where I think oil prices are going. I have some expert help in this area from a couple of friends who have been in the oil business in Texas for the last 50 years.
It is always a bit of a gamble when trying to predict the future but that is what makes it fun. Looking at the ups and downs of the past is of no use other than to keep one grounded in the possibilities of what might happen in the future. If you buy good companies, the short term ups and downs will have little effect on a long term investing strategy.
Recent MVO News
- MV Oil Trust Announces Trust Second Quarter Distribution • Business Wire • 07/05/2024 08:20:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:13:14 PM
- MV Oil Trust Announces Trust First Quarter Distribution • Business Wire • 04/05/2024 08:15:00 PM
- MV Oil Trust Files 2023 Annual Report on Form 10-K • Business Wire • 03/21/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:15:04 PM
- MV Oil Trust Announces Trust Fourth Quarter Distribution • Business Wire • 01/05/2024 09:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:15:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 08:15:52 PM
- MV Oil Trust Announces Trust Third Quarter Distribution • Business Wire • 10/05/2023 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:11:44 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM