Toronto Passions
Toronto Escorts

Up 44.26% in one day!

Ceiling Cat

Active member
Feb 25, 2009
25,937
4
38


My stock went up 44.25% today. Usually it is something to celebrate. I bought the stock @ $3.50 and it went down to $0.47 this month. It will be a long time before oil stock like Whitecap and Torc go up to its previous levels. When things get better there will be a bounce, but not to previous levels. To get out without a loss, I am buying 3 share for every existing share at these low prices hoping that things even out.

At these low levels you are sure to double your money.

Always remember, be a bear, be a bull but do not be a pig. If you buy now, some time within a year it will double. If you get greedy, you will pay.
 

Ceiling Cat

Active member
Feb 25, 2009
25,937
4
38
The frackers are getting slaughtered, when the smoke and dust clears the Russians and Arabs will be will have a clear path to higher prices...........that is until the pipelines come online.
 

daywalker11

Mongerer
Dec 28, 2011
220
0
16
If the rumours of an OPEC meeting and production cut come to fruition oil will be back in the $40 range in no time at all. XLE, USO and HOU.TO can all be big winners.
 

Ceiling Cat

Active member
Feb 25, 2009
25,937
4
38
Oil at $40 is low, The Russians and Arabs wanted to kill the frackers. They increase production to starve the frackers out. At $26 a barrel oil is at below its production cost. I think the Arabs and Russians will keep oil low for 6 months at least. Will we see $40-50-60-70 oil. Most certainly, but when? The $40 oils we will see in 12-18 months.
 

Spacealien2

Active member
Apr 29, 2012
1,616
2
38
Heaven
Trump can't afford to have a low oil price. If the saudis and russian won't cut production, Trump will impose tariffs.

This has to happen in a month or so. Plus is it hurricane season in the summer! No oil production!
 
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