Occidental Petroleum (OXY): A Thank You to Warren Buffett and Berkshire Hathaway
$Occidental(OXY)$ A nod of appreciation to Warren Buffett and his legendary Berkshire Hathaway team for their recent purchase of approximately $409.2 million worth of Occidental Petroleum (OXY) shares. Your confidence in the company sent a clear message to the market, resulting in a significant boost to OXY's share price today. As a shareholder, I’m relieved to see my unrealized losses turn a little less red.
Your endorsement reaffirms my own long-term belief in OXY’s potential. I’ve been diligently practicing patience in the market, and this surge strengthens my optimism for brighter days ahead. With OXY’s 52-week high at $71.19, there’s room for growth, and I remain hopeful for further price appreciation.
Interestingly, while you acquired more OXY shares than Sirius XM (SIRI), the latter experienced a greater percentage increase in price today. This disparity suggests OXY might still have untapped potential for upward momentum. With your track record of successful investments, your continued interest in OXY is a reassuring vote of confidence.
Occidental (OXY)
Sirius XM (SIRI)
Thank you for reinforcing my belief in Occidental Petroleum and for being an example of strategic, value-driven investing. Here’s to practicing patience, trusting the process, and looking forward to the future of OXY!
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