I purchased shared of XOM years ago when they were around 81 p/s. They're down now to around 47 p/s. They still pay dividends, but I'm currently down 50%~. I'm wondering if yall think the oil market will gradually go back up (probably not to where they used to be) but I'm wondering if I should hold and sell when economies open back up where theyll undoubtably be using oil again and maybe itll be higher where I'll actualize a lesser loss.
Any recommendations or projections?
Submitted June 12, 2020 at 04:40PM by emmgdac https://ift.tt/2MTdMU2