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