I made 22k in june 2015, gave it all back in july almost 3x
Than got killed in chk
Common sense tells everyone oil cant stay this low, but the market can stay irrational longer
U can stay solvent as they say. I woukd not stay short here. It just hit 350 get out of dwti
I was thinking same as u and end up losing, please get out do not be greedy, oil can go up 10 12 barrles with in minutes.
Only to see it here 3 weeks later. Just bad timing and manipulation.
If i did not have a big share count i could of held, but having too many shares force me to liquidate (:
What i dont understand is crude was 39 bucks we are at 35 and change?
So how can chk be 4.15 when nat gas and oil are way below the price on monday?
All venezuela has to do is say we shut down. Opec only does 30 some percent of the oil. So if some major producer stops, overnight we would have problems. The world consumes more than 94 million a day
I feel its rigged, after my big block sale at 4.15 it just stayed flat and just kept going up. Im starting to feel brokers are working with each other to adjust prices. I held from november 10 went straight down :(
Brokers working with brokers to steal your money. Lesson learned never put money at risk when u can not control
I missed out on november 10 i was going to buy dwti for 85 bucks. I made a stupid choice of chk on that day instead of dwti. I was on the message board and someone posted chk beat earnings, so i bought thinking might short squeeze and lost my shirt. :(
I was going to buy 1000 shares at 85 even had the order lined up
I got beat up, i should of listen to you guys. I also got burned on lnkd when i followed the message board. Either way im done playing. I should of spent the money on me and family. What i cant figure out is i sold at 4.15 it has not gone there since i sold,. I am just lurking to see if i did right by getting out or mistake
I bought start of november after earnings, down since i bought, thought i can wait it out.
Today was max pain and sold at 4.15, after i sold its never went that low again. Truly amazing.
Should of listen. Im stuck from mid 7's. My account wiped out. Monday is day. If not green im out. Down over 40% holding. Congrads to shorts. Never touch market again.
In my experience, when insiders buy stock goes up, this is backward. I will get out monday, if we cant get a green day. Ive checked the history of all insider buys its went straight down from the 14- 15 range. Every time insider buys the stock goes down. Almost seems they are selling and not buying. Which retail is going to go check.