8H·

Shell was sold

Yesterday, I sold my entire position in $SHEL (-0,99 %) at a price of €40, achieving a return of 33% since the start of the investment.

It’s been a good decision so far, given that the stock price fell yesterday and the price of oil has dropped today for the third day in a row to $79 per barrel of Brent.

Once the stock price returns to normal, I’ll $SHEL (-0,99 %) again. In my opinion, it remains a solid company with a good dividend policy.

Would you take your profits and reinvest them later in the same company?

5 Commentaires

Dannick@Dannick

I also sold my Shell shares—unfortunately, just a few days too early—but if the uncertainty in the Middle East persists and the oil price starts to rise, I might buy back in.

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S-Brown@S-Brown

Never sell Shell!

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Owen@OINVS

@S-Brown agree, but I personally think it would have been a shame to not ‘claim’ my profit.

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Japperable@income_engineer_djuro

Interesting sell-off. The crisis in the Middle East is likely to continue for a while, so it will take some time for the stock price to return to normal as well. And by the way, why $SHEL again, and not, for example, $TTE? Don’t you consider $SHEL and $TTE to be purely dividend-paying stocks? If so, wouldn’t it be a shame to sell them?

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Owen@OINVS

@income_engineer_djuro I think we’ll certainly continue to feel the aftershocks of the crisis for some time, but what I’ve also noticed in recent months is that a certain degree of optimism has been priced in. Whenever there are signals that impact the oil price, the stock reacts sharply because some of that optimism fades. I therefore believe the stock is currently overpriced and think it would be a shame not to cash in on my profits.

These are both certainly stable stocks that provide a nice dividend income. That’s why $SHEL is definitely on my list to buy back later!

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