DeafSCUBA98
Active Member
- Joined
- Jun 23, 2003
- Messages
- 4,649
- Reaction score
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if you are all complaining about gas prices keep going up.. thats fine..
complain all you want.. but in other words.. you can get richer how?
buy their STOCK
for example the Marathon oil corporate (MRO) is gaining since 3 years.. 3 years ago their price were in mid 30's per share.. just like $33 per share..
now their stock price is $102.45 per share..
think about it...
if you bought 10 shares 3 years ago for $33 per share.. it cost you $330 for 10 shares.. and keep it till now..
so if you keep the 10 shares.. you would have $1,024.50 by now
thats a $694.50 profit
and since the gas price are on the rise.. the oil price is on the rise. the more money you make from stock.
MRO isn't the only company that handles oil
Hess corp (HES)
BP (BP)
Valero energy (VLO) 3 yrs ago $15- ish per share now $68.88
complain all you want.. but in other words.. you can get richer how?
buy their STOCK
for example the Marathon oil corporate (MRO) is gaining since 3 years.. 3 years ago their price were in mid 30's per share.. just like $33 per share..
now their stock price is $102.45 per share..
think about it...
if you bought 10 shares 3 years ago for $33 per share.. it cost you $330 for 10 shares.. and keep it till now..
so if you keep the 10 shares.. you would have $1,024.50 by now
thats a $694.50 profit
and since the gas price are on the rise.. the oil price is on the rise. the more money you make from stock.
MRO isn't the only company that handles oil
Hess corp (HES)
BP (BP)
Valero energy (VLO) 3 yrs ago $15- ish per share now $68.88