Splitting a negative doesn't create a positive. Another brilliant strategy.
mann_ontop! Hows it going pal? Are you ever going to sell and take your loss or just ride this baby to .50 next year? I bet you wake up everyday and say " I cant wait to pay well over a billion dollars for a company that trade at a few hundred times revenues! and a negative book value! Yeah! what a deal!
That's a successful investing strategy!
they keep pumping not to sell, but cause they have nothing else to do while watching their account go to zero.
rexmun, do you think oil will rally into the OPEC meeting next Friday? Don't people understand that the Saudis haven't flooded the market just to pull back now? They have their boot on the throat of the US frackers and with the global economies starting to fall off a cliff its perfect timing for oil supplies to bust the storage.
Any clue how accurate the 521 million barrel storage # is in the USA? Some say the number is inaccurate cause the EIA includes everything(pipes, trucks, everything being transported, etc) in the 487 number which is now closer to 490
Im seeing things in the options markets that are calling for a nice multi point drop in USO .......
get ready. I think you need more cow bell
Horton, What for the reverse split, you'll be able to own it for under a buck then too. Who cares if they announce another customer?? They are not going to make money and the stock will crash after the reverse split is announced and then even further after the reverse. The Ponzi lives! cause YOU believe in MANAGEMENT! hahahahah
T- bone has proven that no one in oil can predict price. He's as useful as Gartman and Kingly
The plan hasn't failed! Its only in the 4th inning. Time to put on the full court press. OPEC will flood the markets in hopes of forcing the US frackers into bankruptcy. Spigots wide open! Oil at $28-$30 should do it.
All commodities are collapsing, oil has plenty more downside to go