112% of the shares are in safe hands with institutions. 40% shorts have to cover. The shorts are playing hard ball going into break even oil territory . A good quarter could rocket this very high. They are waiting tell the end to cover and the day could show a break in the shorts armor. I don't think the institutions will sell here. Maybe or maybe not. The selling was not hard enough to amount to any thing. The dip down 11% was a good shake out of some retail. They will want to hop back on soon , higher. ONE spark and shorts get crushed.
some of it was the markets in general. IT was a bad day for the DOW and people took their profits to offset DOW loses. I only had one oil stock up on a great oil WTI increase. The important thing is oil is around the break even mark and some of these have hedges to make it a good quarter coming up. The market has the summer blues setting in lately. The volume in the down oil stock day was not a panic sell and on the lighter side so the next up DOW day we tack on all the gains. I could be wrong but that pattern has had me puzzled this last month. The month before the small oil stocks doubled the WTI % on the up days. the trading changed and nailed me a couple times. The direction is still up. I could be wrong but that what I gather. Lets see how the options line up. I am betting positive as nobody saw this huge upswing coming. We could see the shorts run for cover. Some of the old timers don't think this run up is real . I bought back in a little heavier.
Last month what were the odds of 50 dollar oil. Oil wells are used up and no capx being done. What happened to 10 and 20 dollar oil ? 1/2 of OPeC is going bust. War could cripple the rest which most thought was more likely than 50 dollar oil. The Saudi's are screwed. We are now at break even oil ranges I would cover
I would say it is a gift. Many feel this is a false start up again. The facts are OIL HAS been on a tear Back UP FROM 26 DOLLAR wti. Most will be left behind as the majority buy high and choke out on the bottom. These share prices are a gift, many don't see the supply going away this fast and it happens all the time in these cycles. Nigeria, Canada fires, driving and China growth is a perfect storm for the short term gains. IT can hold these levels here and is a must buy.
14 billion in asset and 1o billion in debt. 600 million float. the best part is the oil is going up and gas will follow. You the oil going up adds to the value of the reserves and will go down as mark ups. USUALLY when these stocks go up from deep value lows the market hops on the first mark up as profits look huge. Have enough shares for that.
6 dollar stock trading at 2 dollars. tis isn't going BK. IT will rebound and give a nice return. this is what trading is all about. buy enough.
the whole market is looking at gas and oil. The world sees WTI going to 50 a barrel. THATS break even for OIL. GAS is going to follow as the rig count drops and supplies are going down much faster then thought. The near term is a big boom before it settles down. This creates a trading whip lash as shorts get caught. We could see a 40% jump in the next month before shorts understand here.
here we go and hold on to your hat it will catch the others fast. This is not well known and once its discovered we should rocket. Every one is talking oil right now as the supply is being used up very fast.
I think I will hold mine a little long like 2.5 in about a year. This made a profit last quarter and with OIL going up this could turn a lot off heads. Right now people jaunt in oil. They see this not moving as fast right now and think they can catch up quick. I bet they are right. I bet you get your 1.5 in a couple weeks with this momentum right now. EVERY ONE is talking OIl right now.
TRUMP has more lawyers than brains. He was in 165 law suits including charges. I don't think he pays any taxes. IT all goes to the small islands and to lawyers.
EBOLA is over. Your head must have been in the sand the last 8 years. CLUE= Obama has saved the world. We have has over 17 quarters of growth . The world is a better place thanks to Obamas wisdom. CRUZ wen home like a whipped beotch
You are just PIZZY Obama has not started a war with Russia , Syria, Libya , and IRAN. we has minimal defense money going out with the same going in. I bet you hated him solving problems diplomatically. With our defense technologies today we are most likely the strongest we have ever been. OBAMA was right with stimulus, TARP, reconstruction, banking inflation and for the last 8 years. Hillary will do the same. 8 more coming.....
she has been drilled over and over and just might find the same thing in any person. ITS over and you have printed lies . TREY FIRED, SIMMONS indicted. The frames was discovered and worse than any lie that may or may not have happened. YOUR sic. Look at TRUMPS court records for filth and 100 examples of fraud, evil, unhuman treatment, shoddy work, mafia connections, dirt deeds, trickery, womanizing, sexist, racism, and poor business decisions.
your an idiot( General said nothing more could be done)... That conversation didn't happen and you don't send more gas to a fire. idiot