What pain. So he sells more oil at a lower price. At this time he is NOT hurting the Russian economy. The EU is the one getting hit badly and I will make a prediction that Germany and even France will be leaning toward China & Russia for the NEW SILK ROAD for trading. Most European country's are tired of the USA telling them what to do and eventually will end up trading than going to war over some insignificant piece of land called Ukraine.
Best thing was to split Ukraine in two. Russian speaking and Ukrainian speaking.
BTW, where is all the sat photo's showing the "invasion " of Ukraine by the Russians? There isn't any invasion, that's why. Another US made up story along with their NATO thugs to beat Putin into going to war.....which he refuses to do.
But since 90% of the brokers today will not allow a short on a $5.00 or less stock its probably just investor selling for tax purposes hoping to pick it up again when the stock rises 31 days in the future.
Why would this stock double in the next 6 weeks?
Is oil going to $100 in the next 6 weeks?
Is the company's fortune going to change in the next 6 weeks?
So, tell us why this stock could double in the next 6 weeks? Because you just bought it?
Yes. It's important for many "investors" to keep buying all the way to the bottom. On the other hand some are smart enough to buy only on the way up from a steep correction.
I have a loss and will wait until the dust settles to sell them and take the write off on my tax return as I do not see BBEP returning to former glory for quite some time. I can always buy it back in 31 days and retain the write off if I really want to own this stock.
A bull can make money and a bear can make money but a hog will never make any money.
Who is going to be smart enough to put a STOP SELL under their positions or will you ride it all the way down again?
I posted when the market turned I would be buying and I did. Jnug in @ $3.58 with a stop at $5.67. I also know this is only a rally within the long steep correction. At the top of this rally I will unload more physical as the gold promoters scream 5000 gold.
Putin never want Ukraine and the problems that go with it. He wanted Crimea and he has it and that he will go to war over as it is the only warm weather post Russia has.
BTW, where is the sat photo's to prove that Russia has moved troops and equipment into Ukraine. Nato and the USA beat the drums too much and unfortunately Harper of Canada made an #$%$ out of himself at the G20 when shaking hands with Putin. Jezzzzzzzzzzzzzz... And this guy is suppose to be a diplomat??
I posted months ago that the Obama admin would bring the price of oil down to screw over Putin. And it has happened with a little help from his "friends".
Check my posts a few months back and verify it.
This has been going on for a long time. The board is broken at times and while it wasn't the best a few years back, it did work almost all the time.
Since the powers that are brought in Melissa what's her name as CEO, she had to screw with the message board and this is the result.
I sympathize with you dar200. It is so frustrating at times to write a post on yahoo.
Then you should be jumping for joy when it trades at $2.00 and you will have the last laugh on those who will have horrendous losses.
Parer losses. Not real losses until one sells............ HAHAHAHAHAHAHA
Dumb and dumber.
Go ahead and catch the falling knives.
No one knows where the bottom is in the dog. Throwing good money after bad is not being smart investor.
This is a $2.00 stock if oil keeps going down which it appears to be doing. The wrecking crew in the white House is out to destroy Putin. They don't care if it destroys our economy as it appears to be doing right now. Sure cheap gas if fine and people have more disposal income. The ones are still working and not laid off from the energy sector. Maybe N Dakota will finally bust with oil at $60/bar. That ought to sink the US Economy quickly.
Yes. It will go up. But those who have lost 30% of share value in the last 60 days probably won't make that loss up with distributions for a very long time.
I expect to see QRE trading at $$10.00-12.00 in 2015 with or without the merger. Only way to save QRE and BBEP from going into the toilet is fort the managements to start buying up their own shares.
"...even if it doesn't pass, that governments like Switzerland are looking into holding onto assets that will hold value as the global economic clouds get thicker..."
Even the Swiss government doesn't want to hold gold and the SWISS NATIONAL BANK doesn't wnat to be told to own gold.
And if by chance, the swiss people vote for more gold, it has to go to a vote of every Canton for approval and they will reject it.
Read ottohuber76's post . He is right on and understands what's going on behind the curtain.
You are going to @#$% bricks when you see gold trading at $800/oz. I don't have time to go into why gold is collapsing but in a couple years we will be in a cashless society. Everything will be 1's and 0's and there is no place for gold in that type of society.
Now why are we heading there,? Because when a Nation is in its final death throes, it goes after its own people. And they will make sure that everyone pays tax on every single transaction. No underground economy. No cash. No gold, No silver. Only electronic digits.
" It's so worthless that govts have used it to back up their inflated currencies for thousands of years ...."
If you're going to pimp for gold, make damn sure you know what you are talking about. That quote of yours is the same mantra that is preached by all the gold bulls and gold news-writers and gold dealers. It is incorrect. And it gives the newby's the wrong data.
Forget what it will do to NADL.
Think how many people will be layed off because of a shutdown in oil production especially in the shale arena. Of course, MMM will make this as bullish as possible by telling us how cheap it is fill our gas tanks and how much more disposable income is available for Holiday shopping binges.
I suspect this stock will drive lower than most people can imagine. It could trade at $2.00/share at $30 oil or with a huge run-up in the US Dollar. Which I do expect to see in 2015.
But I would NOT be dollar cost averaging in this stock at thsi time. That's like throwing good money after bad.
No I am not.
I pay good money for a top notch subscription service that puts me on to non mainstream investments. I doubt many people would shell out what I do for KNOWLEDGE.
Don't be so condescending coopal.
If you just have to know where I bank then send me $300.00 in bitcoin and I will reveal the bank. Otherwise, keep dollar cost averaging down in NADL.