On this MB anyone who posts negative is said to be put on ignore. But with ever negative posts they are answered anyway. Best to ignore the whole MB because it serves no useful purpose .
A good home builders is hard to find. I specified CDX sheathing and 16" o.c. Framing . Cost me a extra $3k in 1990. Most of the posters on this MB are small brain weasels. Good luck.
WSJ streaming, WTI up as inventory at Cushing not as high as expected but in near a all time high. Traders playing the spread selling Brent buying WTI.
A quick look at the SDRXP prospective is a bit mind boggling . I did not care to dig into the share conversion formulas :) XOP will be my main up stream play and XLE will be my majors play. Add some midstream EDP and KMI along with a few others and that's it. Trying to keep in no more than 30% of portfolio. UTWI/DWTI is proving to be a very good trade.
SDRXP is Non Cumulative, so dont buy for the Dividend in this environment. The mothership SD at $1.75 might be the best gamble. SD is represented in XOP ETF.
Might happen ! If it does Dirty Tanker and storeage rates will soar and SCO and DWTI hit the moon. I will be too wealthy to post on a MB , i will add to my RIG 2017 Calls . Gas you and your idiot following act like you have mono vision. Bashing a single beaten down stock acting like others are as stupid as you seem with one investment.
NMM is a regular trade. It's very volatile and I sell when I can for a gain and do not hold a predetermined amount of time. There rates are set on Baltic Dry Ship rates which are very low ar present. Dry shipping usually picks up in the Summer so now might be a good time to buy. I have been thinking about it myself.
SCO seems to be following WTI. I traded some the past two weeks but lately it dies not seem to act as insurance for oil stock as per what Muskyfisherman mentioned last night.
bump. Investors will pay SLB and RIG to borrow there money because of Swiss negative interest rates.Its cheaper than paying the bank to hold the money.
Schlumberger Limited and Transocean will refinance three debt with negative money. Watch and learn board poop packers.
I cut off the NNA sale as pricing was going against me. I was using a UWAP order that spreads the sale over the entire market day. Ended up cutting NNA position 20%.
I read a article this morning about SLB going to refinance there debt with negative money. No reason RIG want try to do the same. Investors will settle for a negative return in exchange for a companies perceived safety.
I read another story about oil storage barge contracts being cancelled because traders think the downturn will last too long to make it a good investment.. I am cutting my NNA position in half at a loss .
Packer and Biscuit might be one in the same for all i know. I look past peoples warts for a glimmer of beauty and worth for my advantage. Come to think that was the essence of my career as a supervisor for Teamsters union members:)