Fri, Jul 11, 2014, 12:10 PM EDT - U.S. Markets close in 3 hrs 50 mins

Recent

% | $
Quotes you view appear here for quick access.

ProShares UltraShort Oil & Gas Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • yourdeadmeat69 yourdeadmeat69 Oct 17, 2008 8:30 PM Flag

    FYI on BDI.....

    I couldn't get to your precise link, but I did get to the website, and it looks like COO is getting margin calls because Baltic shippers with low oil shipment rates is going belly up, and he got a margin call on his shares of his own company.

    According to the poll, 2/3 think the drop in the price of oil is temporary, but you can't tell by business in the shipment arena.

    It actually looks bullish if they can't move the stuff, because that decreases supply, but, as a business, and that is mostly what DUG does, parallel the Dow, as a business under pressure, shipping and drilling were touted as bullet proof.

    Taint so.

    Under than exigency, shorting these companies is a good prudent and possible long term (at least one quarter's worth) move.

 
DUG
38.43+0.76(+2.02%)12:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.