Sure, it could happen that way Stagg. It could also be the beginning of the end for SDRL ,NADL and a few other deep water drilling rig companies.
It's very possible oil will be $50 in a year or less. How much are you going to pay to get 50 dollar oil out of the sea floor?
It's very possible some money could be made on a quick trade as a dead cat bounce is likely.
I warned you a while back about the put action and you dismissed it as " the puts are late to the party". You were wrong then and you could be wrong now.
What you have done is fall in love with some stocks.BIG MISTAKE
My answer to all your questions is:My post is true.
I have no intension of giving you any details about my personal life.I try to give general generic info only.
Mr.BS has made that mistake. With a few clicks I know his full name, address, wife's name, children's names,where they go to collage ,his business interests, his wife's business and a lot of other information.I even know his dogs name.
All this because he has posted a little too much info about himself.
I have a friend who owns a business.He has about 20 employees and pays them all over $15 per hour.
Some work 40 hours per week,some less.
His income is about $500,000 per year. His business is food service.
The business owners you know should hire someone like my friend to improve there business.
dakins,from your post I gather you believe that food stamps are worth about $7.50 an hour increase.
McDs dollar menu would maybe have to go to $1.10.
Some how I think people would rather earn their income than live off food stamps.
"I hate to say" part is so true.
I ,at one time, was very long SDRL along with a lot of other JF companies. I had over 10000 share of FRO a few years back.
It does pain me to see this Empire in a state of decline.
Don't fall in love with a stock.I learned that lesson the hard way.
I see too many on these boards just loving a stock and make every excuse for any decline.
Not true.I warned you all about the put option trading.
What did I get? A bunch of BS like"they are covering their longs.".
I will leave the name calling to you.
I am sorry so many made bad investment decisions.
You want to see a Jerk? Look at the people who invested in SDRL after the writing was on the wall.
AFTER MY POST ON THE MIN. WAGE I NEED TO SAY THIS:
This country needs an increase in the Min. wage to $15 per hour.
This would raise millions out of poverty, Also this would increase the number of jobs as there would be more demand for goods and services.It would also increase Tax revenue.
Increasing the Min. wage is the most important single thing we could do to help this country.
He has bad moth me over and over about SDRL.
After reading his posts for years I have come to the conclusion he doesn't know squat.
Look at FRO,DEEP SEA.VLCCF,SDRL.and others.
JF CAN'T EVEN BORROW ENOUGH MONEY TO PAY THE SDRL DIV.AFTER SAYING IT WAS SAFE FOR 2015.
Someone on this board bought Deep Sea at $1.44 thinking it was going up.
This is an outfit clearly in trouble.
Crude is at about $73.At $65 JF is broke and so are a lot of others.
You have bad mouth me over and over about SDRL.
After reading your posts for years it's apparent you don't know squat.
I wonder how many on this board have lost money taking your advise?
Semp,those are fighting words,
The min wage was written as the 11 commandment.
Moses dropped it along with several others on his way down the hill.
The History channel has several people looking for the broken ones.
Only God,Moses and Oral Roberts knew what was on them.
Roger,you want some real bad people.
You should read the history of your people,on both your parents side.
I hope they weren't brother and sister.
Then look for the Jewish blood on their hands along with Christain blood that didn't quite agree with the current leaders dogma.Your people killed hundred of millions based on the Dogma ,at the time.
Roger,there is no Holy Spirit nor can you prove anything in the Bible is true. Not one thing.
Are you talking about the 10 commandants? Do you know how many are laws?
You don't even have a clue as to the suffering of the Jewish people or what they live for.Your stupid for saying you do.
As for my ancestors, they are also your ancestors. Unlike a lot of people, in the South, my parents weren't related.
My father was Scottish, English and American Indian.
You go on and off ignore ,at my pleasure.
First you insult my friend and now my ancestors. Your are not a Christian you are a punk.
Yes,my ancestors wrote the Bible,just as Mark Twain wrote Huckleberry Finn,and they are both fiction.
Too bad your "kinfolks" and you, are to ignorant to know the difference.