Exactly. Don't buck the trend. Notice how when the stock market looks like it's finally going to stall out Yellen starts yapping and gooses the averages up once again? The trend continues in the stock market too as a result of her free monies. Oil is going lower. DWTI is your best friend here people.
Down 82% last 2 years all the while the DJIA is up 33%. Over a 100% spin. And I might add more carnage on the way until things stabilize. Worst call my broker has even made and he's still in denial. Some people don't live in the real world for sure. Until it's their monies at stake.
This person is either some whacked out total nerd with no life (which sounds about right) or is a paid pusher. Why else would you be here all day/night? But his types are all over yahoo's message boards. Think about it. He posted on another board at 4 AM this week.
But then again he could be one of those who deems himself to be one very astute investor calling it like he sees it. Much to the pain of we longs however. But his constant negative hate-filled rants are actions taken by people with either mental issues or he has an underlying agenda. An ulterior motives which could be selfish or dishonorable. And who would do something like that here with XCO? Think about it.
Nothing is going our way here with XCO; First, is was one of the dogs of the NG sector that was experiencing dropping NG pricing, then this oil sell-off happened. A one/two punch to the gut for us w/o a doubt.
Oil and NG is everywhere. Why Russia hasn't put a fire sale price on their NG is beyond me. They are getting killed to the tune of $150B in lost oil revenues nowadays.
willy is obviously a scammer associated with some outfit. His posts wreak of disseminations like one would find in a hedge funds backroom folks.
Energy obviously is in a down tend. No positives to speak of. Our frackers are their worst enemy now. Go figure. Heads you lose tails you lose. Then the Saudi's did their part. Nice world we live in is it not?
I'm still holding some shares of LNG. Sold many as of late for this killer stock has been severed big time too. Wall Street just ante upped a cool $16B so they can continue with their 2nd export port of LNG. Question is will that gigantic spread between our NG prices and the 3rd worlds hold up for this to work? Ahmmm right now it isn't which doesn't bode too well for exporters of LNF. Hate to sound negative but this company/industry has kept me up at night.
We're stuck in this company and the similarity of it to 2008. This time in its the energy patch. The very same one many an investment gurus said a long time ago was sacrosanct from such action.
What I meant was I don't trust these outfits nor their intentions. Now if you were a client of theirs and they call you to buy/sell based on their suggestions that's different. But why issue to the public at large?
DWTI is a step in the right direction folks. I'm afraid also things are not looking good here. Next earnings report will display some of the carnage we're seeing in the energy sector now. Which means more downside pricing. And by then there will be posts regarding BK proceedings in some oil shale plays which means even further downside pricing. I am livid at my broker who still believes just because Ross owns a ton of it it's worth owning. Yeah for the shorts.