Aug. 7 at 1:08 AM
$REI whether you invest in REI or not comes down to what you think about oil prices in the future. Do you think this Iran "issue" is going to just all of a sudden disappear? Then don't invest. If you think oil is going to be subject to massive volatility and spikes moving forward for months and years because Pandora's Box has been opened, well then, buying up thousands of shares of REI should pay off nicely because they are positioning themselves to take advantage of that very thing. This company freaking survived the pandemic. Their hedge prices are going higher and the risk is much less even if the U.S. economy hits a recession. Some of you think this is going back to
$1 and want to play around with penny land effing trades but I believe this company is making the right moves and this stock should re-rate at some point. I am locked and loaded with a massive amount of shares.
