challenge everything
Vermilion Energy Inc.
Well, it’s the end of the year, and I can post a quick update on stocks and finally boast about my investment achievements.
Also, must admit that this text is still written by me and not by ChatGPT, so typos and mistakes are all mine.
Let’s go.
Continue reading “Bloodbath and beyond”
My first purchase of Vermilion Energy Inc. (TSX:VET, NYSE:VET) shares was in the second half of 2019 at around C$27.
I was chasing yield (whoa, 15% dividends!) and didn’t read financial reports (debt, what debt?).
Basically, I sucked at stock investments back then even more than I suck now. The timing was very bad, and COVID with lockdowns was just 8 months away.
My 15% dividends turned into 0% and the stock price dropped to as low as ~C$3 in the middle of 2020.
And why I’m not buying it.
I was contemplating buying TSX:U.UN for some time already, but couldn’t force myself to buy a single share so far.
Since Kuppy and Doomberg (and many others) are constantly pushing it to the masses, I’ve decided to turn my gut feelings into real reasons and put them in writing.
Continue reading “Sprott Physical Uranium Trust”