After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

059: Why I Made A 5% Bet On Pedevco

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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When to Sell an Oil Company?

It's not a perfect opportunitya, this is not a wonderful business. Ah, this isn't a hold forever theres it has to be managed the right way. There is risk with the price of oil. And that's why, at this point i've only made like, a five % bet a. But i liked it because of the count to the value of the reserves, and also the insider buying.There's no debt. And we have, we bought it a a discount, and let's just, let's kind of see what happened,. Let's buy at the same price the the insider did. We did that, and ah, andLet's see what happens going

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