ago is a good business, they are not in recession, their business is growing. I made some money on ago, ready to get back in when another panic hits. I am guilty of trying to time the market, but it is hard not to in this violent market, especially for my little money.
I bought first lot of pvx at 4.42 yesterday, it is easier to hold stocks with big dividend. its ex-distribution date is 12/18/08. I believe oil will go up eventually, I am paid to wait for it to happen. It has about 20% dividend rate after you deduct 15% foreign tax. Some domestic oil and gas like atn, line are good too. My current wish is for them to go down, including pvx.
I bought first lot of pvx at 4.42 yesterday, it is easier to hold stocks with big dividend. its ex-distribution date is 12/18/08. I believe oil will go up eventually, I am paid to wait for it to happen. It has about 20% dividend rate after you deduct 15% foreign tax. Some domestic oil and gas like atn, line are good too. My current wish is for them to go down, including pvx.