Since June? You are practically a day trader. I have been here for years, what a piece of dogmeat. Course individual biotechs are like that. Buy the index IBB and you double your money every two years.
I regret the day I heard this name.
Major heat in the midwest next week. High 50's. Gas gets shut off. Natty will break below 2 bucks. What a gift. LOAD UP ON DGAZ today.
Over reaction? You have to be dreaming. The economy is cookin and gold knows it. Rates will MOST DEFINITIVELY be raised in June. And they will raise again, hard, later in the year. You are looking to bottom here in the low teens, or perhaps as bad as single digits. Get out now and get on the other side before it makes you a long term holder.
Production MUST stop. If not it will be sitting in tankers rolling around in the ocean. No reason oil is not 20 bucks. Saudi's are screwed. You gotta love it.
Huh? What is wrong with this picture. ie., oil prices rising.....Saudi Arabia said it increased its selling prices for its Arab Light crude oil for consumers in the U.S., Europe and Asia in April. “Raising the prices does show some faith in stronger demand which could be a bullish view, but we strongly believe that this number from EIA today has not been priced in yet,” said John Macaluso, research analyst at Tyche Capital Advisors. “We see this rally as an opportunity to establish positions selling into the strength.”So “for now, the market is going to ignore the storage situation,” said Richard Hastings, macro strategist at Global Hunter Securities.
The U.S. Energy Information Administration early Wednesday reported that crude inventories rose by 10.3 million barrels for the week ended Feb. 27. Analysts polled by Platts had forecast a crude-stock climb of 3.7 million barrels, while the API reported a 2.9 million-barrel rise.
The EIA’s “substantial build” is the largest since 2001, according to Macaluso.
As the storage hub of Cushing, Okla. “continues to reach closer its operating capacity, it has been said at this rate, operational capacity could be reached as soon as next month,” he said.
Maybe they should put out a release that they are losing business like crazy, maybe the market would interpret this as a positive. How the h ell else do you make sense of this price action? Other than, no one believes anyone at this company no matter what they say about business. Bottom line is, they have not made a dime in years and years.
Crushing disappoint. Anything Chinese these days makes Euro trash look trendy. Talk about a beaten up sector. One out of ten Chinese stocks are doing well. Even BABA is being obliterated.
After the major fade, now you buy for a late day pop back up, not as far up as the open, but it should pop a bit. That was pretty substantial news (if you can believe what they say).