Fundamentally sound Co.
Good Net Income growth.
Plains should be able to free cash flow their way to a $1Bil cash position this Year. (Debt Reduction/Lessen Leverage/Share Buyback???)
2.5 mil acres in the Permian.
Long Haul Pipes are contracted out 5 years at 70% utilization.
Dividend is North of 7% ... (One could buy the shares on Juice and prolly have a...
WBT highly rated, profitable (before covid) Small-Cap value play.
With a strong breakout above 7ish... where would the resistance be?
Pick a number?
What an Odd-looking chart ..... but I will take it...
I have been trying to simplify my charting as of late. Fewer Indicators. Less advanced Math for the moment. Trying to Gain perspective.
Here is a Chart of a Trade I like.
Nordstrom is 5* rated Morningstar, and A-rated Profitable company.
There is a very large short position ... slightly better than 30% of the Float.
JWN has traded between 15 -16 since late June...