03-05-2009, 09:18 PM
1000xZero Wrote:Add back in all the Dividends and you'll be positive.
Not even close really, 1k investment into each stock on 11/10 bought 59 and 96 shares respectively and yielded $67 and $42 in div, but the stocks lost 57% and 54% value in the same time for a loss of over $550 for each stock buy.
But that really isn't why I asked the question. Everything has gone down the tubes. The question is what do you guys think this is gonna do from here? Its a good dividend, but that doesnt mean squat if it drops another 50% does it? Do you guys think this is good because oil might rise? I'm asking in earnest?
Oil to me is still a big risk if the economy stays in the dumps. I could see it hitting the high $20's. then again it might go to $60. Curious on what you think.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi