So we can assume that CVX will rise to abnormal levels during this crisis, and then crash back to something more sustainable. The question for many is what will be the peak “sell” point. My bet is it will hit $200 in the next 4 months and then back down. Your guess?
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For those of us retired and watching CVX stock languish for a decade, seeing it nearly triple since March 2020 was a nice surprise. All that stock and grants I assumed were worthless are now worth a fortune. Great time to sell. Thanks!
The hilarious part is that all management is in a lockout period for sales since the investor day is coming up. By the time they can sell the stock will have crashed back to earth. Whaaaa-whaaa-whaaa-whaaaaaaaaaaaaaaaaaaaaaa.
Thanks OP, you jinxed it.. now we are headed back to $75
OP, the keyword you used is “bet”, which is just that… it’s a gamble. The question is how much of a bet are you willing to make?
I think it peaked last week; at least based on the Russia / Ukraine situation. The price of oil and energy stocks will continue to fluctuate based on news, sanctions and politics but the odds of energy stocks going much higher from current levels are less likely then a partial reversion to lower levels.
I think your looking for Reddit wallstreetbets
A good problem to have. No one knows how high the stock will go, but for sure once this is over, it will go back down. If not sell now, sell soon.
Sell now and buy Amazon when it splits
Already peaked. Russia will retreat in the next few days.
It will not go above 180, Chevron stock is only good for dividends, if one is looking to cash on growth, buy Tesla, Amazon or Apple.