Q: Hi Peter,
I've heard you say in the past a healthy buy signal for a company is when it announces its first dividend. In keeping with buy signal strategy, what sort of signals are the professionals looking for when they start buying oil equities? What would you consider a buy signal in the oil patch? My concern is that the non-professionals almost always are too early or too late which kills return. Thank you for your time.
I've heard you say in the past a healthy buy signal for a company is when it announces its first dividend. In keeping with buy signal strategy, what sort of signals are the professionals looking for when they start buying oil equities? What would you consider a buy signal in the oil patch? My concern is that the non-professionals almost always are too early or too late which kills return. Thank you for your time.