HAL

Discussion in 'Stocks' started by LacesOut, Mar 14, 2020.

  1. LacesOut

    LacesOut

    Bought some HAL near the close on Friday.
    I don’t think the end is over for falling oil prices.
    But at $6.45, with a sick dividend, at 20 year lows???
    Worth a jump.
     
  2. RRY16

    RRY16

    Sick dividend? Yes very, probably none soon.
     
    Ryan81, gmal and FriskyCat like this.
  3. Can the liquidity in HAL support your odd lot when WTI trades 28?
     
    RRY16 likes this.
  4. ET180

    ET180

    HAL has been the single worst stock I have ever owned. 10% dividend, but how long will they pay that without earnings?
     

  5. Wait... does Laces know that the dividend may be cut? Is that even possible?! lol they lost $1.65B last quarter and that was with $45 WTI and no coronavirus. This dude has it all worked out!
     
  6. FriskyCat

    FriskyCat

    Lots of bottom feeding in energy sector this past December early January after some big names were on the airwaves talking up those stocks. The debt in that sector is monumental.
     
  7. FriskyCat

    FriskyCat

    RIG is even better! Only down 80% on the year (not 12 months since Jan 1)
     
  8. LacesOut

    LacesOut

    We shall see.
    No specific target in mind.
    The divi might get cut but they ain’t going anywhere.
     
    _eug_ likes this.
  9. 5.80 on Monday... bc well, Laces thinks it's a buy.
     
  10. My God the density of insult in this sentence is incredible.
     
    #10     Mar 15, 2020