easy to see how one would think it would have gone up. I know with oil dropping it makes solar stocks weaker, but solar is still the future. Oil will rebound someday and then these will be good buys.
Anybody that has traded in the market for any amount of time knows things
change. Who would have thought oil would or could drop as much as it has.
How many did you hear saying this would happen this quickly. It is easy to see
something in the rear view mirror. When you pull up posts that were posted when
oil was over $100 and hold someone to that now is really stupid, but I am sure you
know that before you post it.
A lot of institutions have got trapped not thinking the oil slide would be this be severe
and they have big research departments.
It is hurting whole countries Like Russia, Iran, Saudi Arabia,Venezuela.....ect. This drop is killing their
economy. Here it is hurting our shale companies and their stocks, but it is actually helping our economy.
It sure seems that sooner than later OPEC will have to take steps to reverse this.
The first wiff of a change in their thinking will send out shale stocks screaming higher. That is when I would
like to get in. I do not think selling know would make sense if you think oil is close to a low.
Wow s.eranger did you come up with that all by yourself? I have said all along that you need to wait for
a turn in this group to make it investable, but all you could do is jump up and down and scream like a monkey when I said that. I told you it was not HK related. It is investing in a out of favor group. The time will come.
Are you invested in gold too?
There will be a lot of money made if and when oil turns around. Even the bigger
names in the service side will have huge gains when this turns around. Maybe with less
risk. Of course with risk comes bigger rewards if they hit.
I am watching HAL and SLCA and in the O&G HK SN and now SD with this pounding.
Scewed up and only sold 1/2 of my options on the last run up. If the ca ever get back up to $8.50
will see the rest. Been a good trade for me. Have no confidence in the company or management, but figured
the rookies could push it up for a quick pop and I was right.
From what I have seen on Fast Money that guy is wrong a lot more than right. Why do the
keep bringing him on? They can't find someone smarter than that guy?
He sure seems to be wrong a lot. Did anybody see him today on Fast Money saying he thinks
oil could go down to $10 ber barrel? OMG talk about doom and gloom. Before the big run up
in the market last week he said he was a bear and sold almost everything. Good timing Dennis.
Just wonder how often he is right?
How you doing? Still a ways away from even. To bad you didn't sell at a much high price
and bought back after the humongous drop; That is how most of us make money.
Nice trade. Still holding my calls but have a finger on the trigger. Have a nice profit that
I do not want to lose if and when they announce the 20F will be delayed again.
Evan up $4 and you will be even. I will be way way ahead.
Look at Evan. It is driving that guy crazy that I am making money on a stock I do not believe in and
he is losing his back side in the same stock that he believes in. Evan has to learn to play the market.
He has to learn to sell when thing start going wrong and buy back later when it changes.
I still think there is a big risk in this stock. If the 20F doesn't get filed on time you are talking about
pink sheets. Evan you may want to look up the the term "pink sheets". I know you do not understand much about the markets.
I will be out of this before that dead line.
Evan you have to learn to buy at the right prices and get out without huge losses.
I still do not believe every thing is okay with this company, but could see a bounce
so that is what I played. I probably be out before that 20F date gets too close. I do not
trust these guys for a minute.
Right now anything oil is getting crushed. I own ETP and until the last few day have done
very good with it. Now it has also dropped like a rock even though it has a good divided.
It is obvious this is not HK related. Every stock that has anything to do with oil has dropped.
Oil dropped huge again today yet Hk is holding up so far. Hopefully it has bottomed. The volume
indicates that might be the case.
If they thought HK had a chance of going BK, why did they raise the limit on their line of credit?
I think that would be the last thing they would have done. I think your post is way off.
the Saudi's to get oil out of the ground? I thought I read somewhere it was a lot higher
than what it costs the average shale company. If that is the case and oil is their only
form of revenue, it would seem that could not want the prices down for any extended
amount of time.
Thank Valueman. I do not pay attention to that guy or his numerous ID's
Some guys on this board try to share some good information and I appreciate it.
I don't know much about the oil field but have done fair in stocks. I am still waiting
to jump into any shale plays until I actually see a turn around in the group. That could happen sooner then the the recovery in the price of oil. I would guess Chase is starting
to think that. That is why I shared this info.
It would be. Just hope they are not getting in to soon. I do not expect them or anybody to get the bottom exactly, but hope not too much more down side. Heard on CNBC there was going to be another OPEC meeting next week. Hope they announce a cut then.
I am a Chase Private Client. Today the guy who watches my retirement there told me they are
going to put some of the cash to work today. We had built up a lot of cash the last couple months.
One stock they want to put money in is WLL. they think the oils have been taken down to a point they
are very interesting. Like everything else this might not be the bottom, but Chase is starting to like the oils
at these levels
My personal money that I manage I will wait longer.