I will eventually exorcise my portfolio of this stock... If the market tanks because of the current inflation spike and the Dear Leaders tariffs, I may wish I had sold all of the stock yesterday. See what the market brings tomorrow!
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BP just announced today that they are pivoting away from renewables and focusing on oil and gas...This is similar to Shell and other majors. Oxy is a chemical / carbon capture company with an acquisition/production company as a side gig. Looking a little out of step aren't you? Stock to $45.00.....
This company had so much potential. Too bad it has been reduced to just a drilling company who also makes these stupid looking buildings with a bunch of fans.
Sold mine at $104, but then I wasn't intellectually challenged enough to remain on that floating piece of unflushable garbage and joined an actual O&G company instead.
Yeah but January 6!
The S&P 500 during Biden rose 55%. During Trump 45, it rose over 67%. This is before adjusting for inflation which reduced the value of a dollar by over 20% during Biden. And NOW you want to complain about inflation? Buddy, you have no credibility.
Don’t you love it when posters treat their predictions about future events as if they have already happened? Predictions about what is going to happen over the next few months or years is fun, but you can’t rely on your predictions to make a point.
The only facts you gave was the part about you throwing up. Thanks for adding absolutely zero to the conversation.
DT will tank this stock along with the entire stock market. Joe Biden handed the country an excellent economy and stock market. DT will ruin it and then blame the democrats. It is just the way this guy is. Every time this guy appears in a news feed or I see his picture on my screen or TV I have to run to bathroom to throw up. I am sure I am not alone.
@c6+1jmncws8f But a lot of that time was during the last admin. I guess OP forgets that. Oxy has been a bad investment for a while. Just think if you had of invested that 1 million when Oxy was down in the teens. Sometimes stock picks are just bad timing.
I invested $1 million in 2017, and today it’s worth $800,000, resulting in a $200,000 loss. If I had put that money in the S&P 500, it would now be worth approximately $1.2 million. In effect, I missed out on $400,000 in gains due to poor management decisions. Where’s our bonus for enduring this?