Misc Stock Market

[Flurry]

Heads up oil lovers....USO 8-for-1 Reverse Split coming

Down 33% this week, biggest oil ETF USO engineers an 8-for-1 reverse split

The parent company of the United States Oil Fund LP undefined, the largest oil-related exchange-traded fund, on Wednesday announced an eight-for-one reverse...

www.marketwatch.com

 

[KyloG]

Never sold UCO...prior to the split I had 2700 shares at a cost basis at 2.12 I think..now it's 106 shares at $55 after the split. Yesterday it closed under $15. The good news is I will have the $3k capital gain loss deduction on my taxes taken care of for next year. Going to let those 107 shares rot away.

Someone's making money on that reverse split...just not me.

 

[pcbjr]

Interesting article ...

About 150 years of oil-price history: This one chart illustrates crude’s spectacular plunge below $0 a barrel

The formerly unthinkable drop in oil prices below $0 a barrel on Monday is still reverberating through financial markets, as supply overwhelms demand...

www.marketwatch.com

 

[Storm5]

I at one point had 30,000 shares of OAS . Of course it’s running this am and up 100 percent lol


Sent from my iPhone using Tapatalk

 

[Jimmy Hypocracy]

My portfolio is doing very well this morning. My bottom feeder strategy isn’t a quick one. But it’s beginning to look like an effective one

 

[GeorgiaGirl]

Oas has been as far up as .69 this morning lmao dang if folks had any idea that would've been an easy swing trade from yesterday to make either a few hundred or few thousand bucks.

 

[Jimmy Hypocracy]

CPE up 30% today ?. Pumpers pumping?

 

[Steven_1974]

Oas has been as far up as .69 this morning lmao dang if folks had any idea that would've been an easy swing trade from yesterday to make either a few hundred or few thousand bucks.

I was looking it up in a news search and there are a bunch of sites that were promoting it in the last day or so. So wonder if this is a bit of a pumping strategy here. Looks like the latest research out there has them expecting to see the stock get around $1.

 

[Jimmy Hypocracy]

Was anyone still holding onto CPE? Rocketed up to .66 today! What a great opportunity to bail with profits

 

[Chattownsnow]

Was anyone still holding onto CPE? Rocketed up to .66 today! What a great opportunity to bail with profits

Patients was rewarded for me on this one. I dumped for a tiny profit but then it kept rising... at least I didn’t take a loss.

 

[Triplephase93]

Check out WLL for the week. I bought some shares yesterday at .72... but not enough. Bought some more on the dip today but trying to figure out when I should bail. Lol

 

[Jimmy Hypocracy]

Check out WLL for the week. I bought some shares yesterday at .72... but not enough. Bought some more on the dip today but trying to figure out when I should bail. Lol

You know this one hurts because it’s been on my watch list for over a month. I would consider dumping before EOD. Short squeeze in effect here. Shorts going bankrupt on this one ?. Congrats on the gains!

 

[Rain Cold]

Was anyone still holding onto CPE? Rocketed up to .66 today! What a great opportunity to bail with profits

Still holding mine. Didn't even have time to look today. Crap.

 

[Tornadocane]

Still holding mine. Didn't even have time to look today. Crap.

Yep. Bought more. Why not? If people want to give me CPE for 40 cents let them.

 

[Jimmy Hypocracy]

Mistras Group with a stout bull run today. Jimmy called it

Still holding mine. Didn't even have time to look today. Crap.

tomorrow looks equally as bullish. Might want to consider selling the open though

 

[Jimmy Hypocracy]

Yep. Bought more. Why not? If people want to give me CPE for 40 cents let them.

That reverse split talk really spooked me

 

[Storm5]

OAS went to the moon today


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[Jimmy Hypocracy]

I had a chance to buy CPE at .39 the other day. I was just a click away. I’m beside myself today

 

[Jimmy Hypocracy]

OAS went to the moon today


Sent from my iPhone using Tapatalk

What are you holding right now? Might be dumping my entire portfolio into INWK tomorrow or Friday. Looks solid

 

[Tornadocane]

I had a chance to buy CPE at .39 the other day. I was just a click away. I’m beside myself today

That was a gut decision. My gut told me to listen to you with CPE and PACD despite never buying an oil stock in my life. I stayed up all night looking over those stocks. Couldn't even sleep that night.