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Misc Stock Market

Russia said it’s ready to cut oil by 15 percent .

One thing to note is the meeting Friday as well between the G20 countries . Just as important as the OPEC meeting tomorrow.

Too bad the markets closed Friday


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OAS which hasn’t moved in over a week is up .04 after hours . Big day tomorrow and Monday after the long weekend and the additional G20 meeting Friday


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Man my HLX purchase looking good, just wish I would've loaded up on it. Up another 25% after hours cha ching
 
Bring your bags tomorrow


oilprice.com

Canada’s Biggest Oil Driller Backs Global Production Cut | OilPrice.com

Canada’s largest oil producer, Canadian Natural Resources, is ready to back a potential pledge by Canada’s federal government for a production cut if it is a fair broad-based approach
oilprice.com oilprice.com

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The market was hot today! +5.22% on the day! Lets carry this into tomorrow and get the CPE going! BAC had a banging day and has me up overall since purchase.
 
Might be putting the remainder of my cash into Pacific Drilling in the morning. Been eying it for a while. I really like that one. Cheap and should draw a lot of volume with oil speculation in the coming days. Quick flip hopefully ??
 
Jimmy Hypocracy said:
Might be putting the remainder of my cash into Pacific Drilling in the morning. Been eying it for a while. I really like that one. Cheap and should draw a lot of volume with oil speculation in the coming days. Quick flip hopefully ??
Click to expand...
I'm seriously thinking about putting some in RIG & ECOR...Watching them now
 
Jimmy Hypocracy said:
Might be putting the remainder of my cash into Pacific Drilling in the morning. Been eying it for a while. I really like that one. Cheap and should draw a lot of volume with oil speculation in the coming days. Quick flip hopefully ??
Click to expand...

Thanks for the tip on this one. It's worth a gamble in the short-term. At worst, I'll be holding this until the late Fall.
 
Storm5 said:
Oil stock fire sale tomorrow ???


www.google.com

Historic Oil Deal On The Verge Of Collapse As Russia Balks At U.S. 'Cuts' | OilPrice.com

Oil prices rose on Wednesday morning, ahead of the oil talks between oil producing nations, but a deal is far from certain as large producers such as Russia and Saudi Arabia will only agree to a deal which includes a cut from the United States
www.google.com www.google.com


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For those who don’t read the article. Experts banking on this as the most likely outcome:

4) A “SMALL” DEAL (35%): Immediate OPEC+ cuts of 12-13mln BPD; US offers mild reductions in Gulf of Mexico and Shale output and the purchase of oil for the Strategic Petroleum Reserve (SPR) – Brent could see USD 30-35/bbl.
 
JNUG has been doing some work. I bought at $6.04 and its closing in on that number. I may just have to hold onto it for awhile.
 
PACD is exploding premarket. +40%..now let me go stick my head in the toilet. I really need to get after hours trading. Suggestions?
 
I’m probably gonna sell Redwood and what I’ve got left of Marathon before we go into the weekend I don’t wanna get caught holding the bag with those two especially Redwood at one point I was -20% with it now I’m up 12%
 
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