Devon Energy Stock Discussion

Yikers : I wouldn't say I believe in it... but I'm still here holding the bag.

Dubulator : $Devon Energy (DVN.US)$  has been pretty brutal. I’m done on DCA until two days close green. It was nice to see some call options going in for $35 in February but $35 is a ways off my cost.

easygoing Lyon : Devon Energy is in Donald Trump's donor's stock portfobill.It's going way up the grace period the load is almost over.

151798759 : I am surprised as well. There is no reason for this steep decline. The last earning report did best all estimates. True that Oil is down a bit but this much drop in the stock value is overreaction. I am buying and holding till the next report.

72379272 : DVN paying dividends is base on the real world gasoline price also. Which it’s a downside, to shareholders depends on the dividend. ( we also know Trump will keep drilling and drilling )

Wongcs : When Trump take over, is it good for DVN or bad for DVN?

Dubulator OP Wongcs : Too hard to tell. Story came out that he is looking to expedite energy investments but even good news doesn’t seem to move $Devon Energy (DVN.US)$ up. I am waiting until the 12th to buy more and I will hold for the dividend. Even if it drops.

easygoing Lyon Wongcs : On the auto pilot app, it says Trump's donors are invested in Devon.

Wongcs : what happened?

103998930 : Of course