Thread regarding Chevron Corp. layoffs

$200bn organization with tangible assets and balance sheet strength don’t tend to go out like that.

Should be the end of the oil industry any minute now.

I'm sure the high stock price will trickle down to us workers... right?

Most shareholders are long for the dividend, happy that it's high but it's also not traded like a growth stock.

Hold the stock for the dividends; Ignore the price action for the most part.

CVX should be at a high. Oil has been in an incredible bull market for the last year. And Chevron is sacrificing its future performance in order to make the current cash flow look better.

Time to sell

Going to $150!

Sell now.

Thanks for the reminder, time to divest more shares from the retirement plan.