Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Truckers. One of my biggest ever killings came about by my having hardly any work to do. It was the amazing rise and rise of British Gas.
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Comments
alcira16247
Malcolm
Sound advise.
My two biggest ‘successes’ were stocks that I’d completey forgotten about, namely Manpower ( remember Blue Arrow? ) and Electra. I suppose there is a lesson to be learnt there!
Fingers crossed too, on the oil price recovery. I guess, once the US have considered that Putin has learnt his lesson, they will call off their Saudi stooges and we will quickly get OPEC reigning back production, big time.
Jimbo
I wouldn’t blame the Oil Price fall on the US – rather Saudi Arabia acting alone to restore her market share. Current prices are hardly benefitting US Shale Oil Production. If anything, they could cause the junk bond market in the US to implode. Many of the bonds sold have financed Shale Oil drilling…
Malcolm Stacey
Thanks Alco and Jimbers. I did not realise the Saudi connection. But whatever the reason for the oil crash, it will not last. Another year and the price will be double what it is today – back to par, in fact.