Posted on 04/24/2020 6:14:19 PM PDT by MeneMeneTekelUpharsin
The debts will be restructured. The payments will be deferred. And possibly government guarantees will be thrown in to facilitate the process. The industry will survive this short term situation.
“Posted it to help Freepers keep from getting burned on energy stocks or to restructure their investments. “
uh, yeah, i don’t need your “help” ...
I’m up almost one third on a very large investment in Royal Dutch Shell purchases at $24.00 a share, which also locks in a 17% dividend yield if they can keep up their dividend anywhere close to what it has been for the last 35 years ...
you see, the trick to successful investing is to buy low and sell high, just in case you didn’t know that ... and there are some world-class, once-in-a-lifetime buying opportunities presented by the current market for intelligent and bold individuals who have an investment time-frame longer than your standard day-trader fool ...
No, I am not a standard day-trader fool. And, you are correct, there are opportunities to buy some things now that will really pay off later. Hurling disparaging comments at someone genuinely trying to help is not wise. It appears you would not be able to accept such a statement.
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