Quote:
Originally Posted by Leondros
I have broken my rule on this cycle and in October and November I was backing the truck up on alot of energy companies. They were comically under valued that I just couldn't resist.
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Last year CNQ was languishing at $15 for a while, just stupidly undervalued. Buying at that level one would be up 2.5X and with the dividend increase they announced today the original capital would be yielding 12.5%. Pretty solid.