Petrobras is the most indebted oil company in the world, and low oil prices have made the debt burden – which stands at about $130 billion – increasingly difficult to manage.
My posts are always my own opinions.
Watch and learn something this time people.
you simply do not know stock trading, or stock investing.
you NEVER buy a "break-down".
you "sell" a break-down.
computer algorithmic trading programs are already keen to all movements(they are ALL selling right now), so they always take away all of your money.
Here's how and why this always happens...
People going home early so fewer bids.
Greedy MM's start to sell all positions into the "fade".
Algorithmic trading programs start to cascade "sell" positions.
Automatic trades of expiring call options positions that are "in the money" always cause a nice slide lower.
It's all a ton of fun.
CISCO Stock Could Be Like Buying Amazon in 1997 !
Hope you were able to make money on my posted directional insights (from a professional options trader).
I know you're mad because you lost on your long call options positions today.
TOLD YOU SO SUKKA!
I am a professional options trader.
Learn something okay?
Happy weekend to all.
Enjoy my knowledge because it's unusual for me to post it.
I'll delete it within weeks (or sooner).
Learn something while you can people.
Could easily be eclipsed at any time based on Internet of Things future expectations.
They'll get assigned on every put they sell which will cause a cascading effect of more & more sellers.
As they are "assigned shares" they'll be forced to sell those shares that were assigned.
This is my own opinion of what's about to happen to AMAZON put sellers.
stk, you are about to lose your #$%$ here.
i have been a trader since the 1990's and you are about to learn something about "break-downs" (happening right now).
i posted the trading action for this week here for all to benefit but don't think i'll keep giving away secrets, nor will i leave them posted for very long on these message boards.
sold them for a nice gain sukka.
you should have listened and you too would have saved yourself a ton of money.
and made a ton of money too.
You'll arrive at $690.
This is how I always know the close before it happens people.
What you're not seeing Ken is the opportunity to liquidate your entire position now.
Sub $2 by years end for PBR.
Oil is heading down very hard again now.