I appreciate you all sharing your cost basis points in RIG. I bought in at 48, then averaged down at 20 & again at 13. Gives me a break even of about $18. If I remember right, it paid a good dividend in the earlier years, so I’ll have to figure that in to get to my actual break even. It was hard to watch it go down to under a dollar, but Sean’s calm responses to others inquiries kept me centered and I’m holding on (but not averaging down anymore – too much risk). It’s quadrupled since it’s low, so it was well worth holding onto.
Reply To: oil/oilstocksTheresa OConnor2021-01-07T17:59:54-06:00