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Buhl, ID | I did just that 2 weeks ago bought Carnival, Norwegian and Royal because they were down about 60% at that time. Since then they've dropped another 12% so I'm betting by summer they'll be on the way back up. Not looking good right now.
Good side is I sold AGCO yesterday at top of the market, $48.25, a 6% gain in 2 weeks. Just wish the CNH would go back up tho. Also sold 2 oil companies Cenovus and Husky yesterday for a 14% gain in 2 weeks. Sunoco is weathering the storm better than any.
It's a real rollercoaster for the oil companies. Looks like Occidental might not make it IMHO. Too much debt and 10% of the shares are owned by activist environmentalist.
It's all a waiting game.
Edited by S Frisch 4/1/2020 18:40
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