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Msg  266 of 269  at  5/6/2021 10:26:30 PM  by

PinewoodsBear

The following message was updated on 5/7/2021 5:34:19 AM.

 In response to msg 265 by  slim2483
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Re: Do what you like with this I JUST post it .

In general I agree with your viewpoint. I have bought MRO shares twice in Mar. and three times in April and once in May so far.
Each time with modest amounts of cash. However I am cautious about the timetable and outside influences.

Free cash flow might not get passed on to the stockholders . It might be used to pay off debt .. or..a Prime time for merging and buying out competitors while they are as cheap as they will be if analysts are right about oil staying above $60. Notice that the stocks have to get to $60 before they reach the expected $80 +

Also if good times are just around the corner then MRO will be a prime target itself. Already the recent takeovers and mergers are creating a momentum . The better MRO's reports the more likely they will get a bid for the company.
There is still time to jump on the bandwagon but not for long. .... if the analyst propaganda is real.
***PinewoodsBear***


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