So if you bought 100,000 shares you will make 100 bucks, but the trading costs will be 150 bucks. There go the profits.
Who is your source, your pet dog, and when you asked him if it was going BK he barked once meaning yes. Can you get more info from him, sounds like a reliable source.
Clean energy is good SUNE is not vital, it tried to make big profits on short margins and caught. Lots of solar companies out there pick anyone. Remember Solindra they let fail.
If nothing else what a circus, just when you thought this whole thing couldn't add more drama. So a former employee at a lower level caused all this, sure. Why do they pay million dollars salaries to the idiots running this company, they don't know what their employees are doing. Board should fire everyone in the top 20. Of course the board members are bigger idiots allowing all this to happen. Can't help but wonder what their idea of a fiduciary is, can't be much beyond showing up for a fee and agreeing with all the fraudsters running this.
Seemed like a good thing to do maybe get something out of this. When I tried to trade at Fidelity I don't get a trade button. Has this something to do with the exchange, am I locked in. I don't have a lot of shares. Anyone else in Fidelity see this.
Good buy but I was lucky enough to buy at that 33. Once in a while you get in at the bottom. I guess we have ruined Goldman and fiends plans from pushing it all the way down below 30 for a few days and then buying tons of it dirt cheap.
The idiotic sheep of the stock market world will listen to them, I can hear them getting fleeced right now. Baah, Baah.
In the current market it doesn't take much to drive an oil stock down. Four bucks is a bit of an over reaction considering how far down it is from it's 52 week high. I think for the most part div cuts and stock offering were factored in at this point for most of these stocks. It just gives the fear mongers more ammo to short.
Are they to stupid to realize you need money to make money. How do they think you start a business, does money comes out of thin air. They have assets to account for the money they spent. They just need oil prices to get back up so they can make a sustainable profit. Doesn't take a Harvard MBA to see what's going on here.
I guess he's still preaching, Going to zero, Going to zero. My account is going to zero on this short squeeze. And you thought you know something Wiztree and found you were just another pawn in the big casino.
Clinton will say about anything to appease her tree hug-hers but will have hand in the pockets of oil behind their backs. Have you followed her Wall Street wallet.
With so much NG coal can't compete but it's still used an a lot of places and other countries. NG is easy to move and less pollution. At current burn rates we have enough coal for at least 300 hundred years, when NG supplies start to run low coal will make a comeback but won't be for a while.
Did they get their margin accounts get wiped out after the hedge funds turned on them. One truth in all this is hedge funds have no favorites they will make money any way they can short or long.
I won't be dumb enough to make any predictions, who knows where the price is going. At this point it may be cheap enough to just dump it in a big vat and hold for the future. Oil doesn't go bad or evaporate. Storage bins are cheap and some are even underground. Buy at 30 and sell when it comes back. I'm sure there are a lot of smart people not sitting around waiting for an opportunity to pass.
Yes. As we all know the buyout is just a stock swap. Right now Exxon could hand over 12 mill in it's stock for the company, a bargain. It has 4 billion in the float so it's just chump change for a gem like this. Even at 50% discount on assets would still net 4 billion net. Almost looks like a no brainier for the Exxon leadership. Exxon has good credit so they could borrow cheap. WLL management would be a bit teed but if Exxon could get seat or two on the board it would lights out for them. Not sure where the price would be in the end I'm thinking 8 to 15 a share at most in the current debacle.