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Electronic Arts Inc. (ERTS) Message Board

thejumpingsheep 4 posts  |  Last Activity: Dec 30, 2014 8:57 PM Member since: Apr 30, 2003
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  • Reply to

    BBEP about to hit all-time LOW; Go Shorts!!

    by karenlupa Dec 30, 2014 11:29 AM
    thejumpingsheep thejumpingsheep Dec 30, 2014 8:57 PM Flag

    The current situation will have no foundation in real world demand. The idea of a "glut" is a bit of BS else we would have heard it about long ago before oil started dropping this year. The "glut" idea did not take place until hedgies and traders got into the action and now all of a sudden its a huge deal. The fact is, it has nothing to do with the glut. This has not changed much since three or four years ago. It is all about OPEC (& traders) right now and just how far the "players" can push their interests. OPEC wants to destroy all competition and retain its control over all world oil. They do this by starving and buying the competitors and they are clearly only targeting US companies because Russia and Iran are not purchasable nor stable enough to invest into even if they got the land for free. So this is all about crushing US oil. They will keep oil below US extraction cost which I believe is between $60 and $70. Once they do their thing and buy out all our producers, oil will all of a sudden be in "shortage" and will spike above $150 within a few years. Remember OPEC does not not need to follow US anti-trust laws. Hell most of them are nationalized and subsidized to begin with.

  • Reply to

    Really dumb to think it's too late to short BBEP

    by karenlupa Dec 16, 2014 9:07 AM
    thejumpingsheep thejumpingsheep Dec 23, 2014 3:41 PM Flag

    It very easy to go with the flow of the market. Many people got crushed that way. I made millions doing the opposite. For the record i am down about $1.0m this year.

  • thejumpingsheep thejumpingsheep Dec 23, 2014 3:38 PM Flag

    How do you know goofball? Sounds like pure jealousy to me. Who cares how many shares one person had, has or whatever? Id rather people put their money where their mouth it so we have it for historic purposes on these forums.

  • Reply to

    investor on the ledge code red

    by colonelflashmanvc Nov 27, 2014 10:58 AM
    thejumpingsheep thejumpingsheep Nov 28, 2014 8:14 AM Flag

    If that is just a third of your savings then you have well over 3/4 mil. If you are retiring soon what is the problem? You need more than that to retire? Why?

    Also if you are as old as you say, then you have seen the markets and oil do this several times already. So again, what is the problem?

    Lastly, why are you so hung up on wealth? Perspective. Its the 21st century. You should know better. Money is meaningless. Its just a means to pass time and laugh a little when you have more than someone else. It is a "neener neener" activity. Otherwise, it was never really needed. This is not the days of old when you had to plow for 12 hours a day just to live. You can enjoy life just as much while on welfare enjoying a hike or a beach as Warren Buffett would with billions in his pocket... actually people on welfare are usually happier because they dont have much on their minds (few responsibilities to worry about).

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