VBIN's oil stock thread.

[divmenow]

(06-17-2022, 03:42 PM)fenders53 Wrote: Well I can't say I enjoyed this week's oil stock beat down.  Wow, that was harsh.  You would think oil pulled back $20+.  I gave up months of profits if they don't bounce back.

Oil was only down because people were getting margin calls and selling there only winners to buy other names. I added 9 names in the oil sector today. I have been waiting for a dip. Oil will make money even if they hit $80 a barrel. And there all hedges as well. Not to mention oil thrives in a recession.  Oil will come back and hit new highs.