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JustOffTopic
May 5, 2020 2:00 PM

MRO BUY?  Long

Marathon Oil CorporationNYSE

Description

Ive been following this stock since March 20th when it was at $3.33. I bought volume, and the profits have been pretty solid with the stock now at $6.03 as I write this. The earnings are being released tomorrow, which will either bump the price up, or knock it down. Judging how its been trading for the past 4 months, I believe the earnings will be DECENT, and the price may very well end up being $8.00 after the earnings are released. I'm not telling you what to do with your money, but this stock has some serious potential to bring some long term gains into play.
Comments
BlackEquity
I am not the smartest of people. But I thought oil and petroleum would be good long term investments. I bought a nice size of shares over time and have an average of $4.20. I also bought shares of OXY.
JustOffTopic
@BlackEquity, i had shares of oxy when it was at 13 but didnt see too much of a return so sold them
BlackEquity
@JustinStocks, my plan is to hold them long term maybe for a few years and hope that it goes back up to $40. Also, if they resume dividend payments then it should be good imo
khondokarr
long terms , how long
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