Buffet bought more $OXY shares this week, $246 million worth, adding to his already large pile.
Berkshire now owns 25.8% of $OXY right now and he is hedging himself against a weak market and an increase in oil price....which is what we have been doing for the last few months too and enjoying a dividend payment from $OXY.
$OXY is not spoken about in our group much but I am a big fan of it and where they are going in the future.
I would be interested in adding again above $67, when $OXY can break out of this wedge at the yellow line and hold above this line.
Qubas
2023-10-27 04:50:08 +0000 UTCQubas
2023-10-27 02:40:08 +0000 UTCQubas
2023-10-27 01:01:58 +0000 UTC