By Keith Schaefer Shell has a 7 percent plus dividend yield and believes it can generate three times as much free cash flow at $60 oil going forward than it did at $90 oil from 2013 through 2015.
If true, that has the makings of a company that you want to own.
Those are clearly some ambitious goals that the company has laid out and not everyone believes the Shell view of the future.
One smart investor is even betting against it.
Wall Street’s True Short-Selling Legend Betting Against Royal Dutch Shell
Being a short-seller is hard, especially a professional one.
First–nobody likes you. You have made
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