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wow_happens28

02/22/20 8:45 PM

#21030 RE: DewDiligence #21027

The last stock on the market I'd buy right now is Tesla. IMO, oil has some headwinds, but I could trade an oil now if I had as much money as you big guys. Dew, what are your thoughts on natural gas?

https://www.finviz.com/futures_charts.ashx?t=NG&p=m1
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DewDiligence

03/07/20 10:14 AM

#21212 RE: DewDiligence #21027

Update on The Jetsons—I haven’t added to any oil stocks since posting #msg-153967225 two weeks ago. There might possibly be a point at which I would consider doing so, but we’re not there yet.

The remaining oil stocks in the portfolios I own or manage are CVX and RDS. Both are longstanding positions with a near-zero costs basis, so selling would incur a big tax hit and I haven’t pared any shares of these holdings.

(I’ve posted numerous times on this board about Shell’s “low-carbon” business model, so I won’t repeat that information here.)

Feedback welcome.