DIE DIE DIE YOU SUKERS!
Then you may indeed see a trend reversal take hold. What we just had was a violent bear market rally.
I highly doubt it. I see a near term retest of the lows and soon as the hopes for some meeting to cut output fades from the scene.
Send a message to these socialists who buy stocks supported by the democrat socialist party that props up money losing compnanies under the guise of a bogus green campaign that America stands for capitalism and short this pos into the ground.
Are you living in a fools paradise?
SHORT IT NOW FOR AN 50 POINT INSTANT DUMP
Yeah right deeko I just made 1.3 million profit long UWTI and I hate UWTI, got any other bright remarks? I was posting here just before the run from lows. Where'd you come in 1.48 this weeK?
That is not true ya moron where'd you learn math? If you have 1000 shares at 1.00 you will have 100 shares at 10.00 a share after the reverse split. You will have 1/10 the number of shares at 10 x the pre split price.
The shares could quickly lose 50% from 10 to 5. They picked a really lousy time to pull this stunt.
THis pos is priced to perfection in a global meltdown. Short now using out of the money puts six months out.
This was the price level in just 2011 not long ago. JOY has already fallen to that level, TSCO will soon go into a death spiral.
IT'S ALL A HOUSE OF CARDS FOR FOOLS
I stopped reading propaganda and make a lot more money too! Trust me, the world is awash in oil more now than at any other time in history. At some point it will reverse, sure, but we are facing a 40% market sell off now.
I played the bounce well but I am not a believer that this rally is sustainable and oil is the only thing now that is keeping the market from selling off huge again. Beware. I am only day trading long at this point and am shorting as well.