Are you up or under water? You have until 4/21, it looks like.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Flurry
Member
Exactly...Reverse splits usually don't end well, but it may be different results in the oil industry since it's such a necessary and vital commodity....If it comes down to it, a deal will have to be worked out
UCO is a leveraged ETF. Most of the time, these products decay in price and end up reverse splitting. You absolutely cannot hold leveraged ETFs for a long time and keep your money. You will lose 100% of the time, due to the nature of these products.
Storm5
Member
Avolon cancels order for 75 Boeing MAX jets, 4 Airbus A330neo — Reuters
Aircraft lessor Avolon on Friday announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic.
apple.news
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Storm5
Member
Disney stock might be a good buy . Keeps sliding to around $90 bucks
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Round Oak Weather
Member
I’ve been waiting to get Disney to $90 and Starbucks to $60 but we haven’t gotten that low since the other bottom so I haven’t bought yet. I’m gonna put a limit order on my Marathon Oil and CPE so I don’t lose anything I’ve made. I’ll just buy it back when it gets lower.
Seems like a nice safe long term play. I mean can anyone imagine Disney being allowed to go bankrupt?
Can’t decide if I want to bail out of my UCO position on Monday morning or if I want to hold til Friday in hopes of better oil news..
Should be a good week.
Storm5
Member
Unless you’re holding hundreds of JNUG shares and need an 80 cent rally to break even. If it gets back up to 4.80-4.90 I’m dumping it and taking my losses
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GeorgiaGirl
Member
Starting to really feel as if we've priced in the bottom unless things go worse than expected with the virus situation. Don't think we're "at" the bottom, but I think the bottom may be DOW 18000 and not much lower.
Storm5
Member
Me either . I guess I’ll wait and see what morning brings . I’m ready to dump quickly if need be . I hope I don’t have too cause even if oil drops I doubt UCO drops a large amount which means if I sell and bu back in later in the week it would be at a higher price vs what I’m in for now .
Lots and lots of money to be made if a deal can be worked out this week . Split coming on the 21st so we have a few weeks
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Dow futures up 244. Crude off 8% to $26 and change. 10 year near 0.6%. DXY almost at 101. And gold up slightly to $1616.
Storm5
Member
Big week ahead !!! Obviously with UCO
But ECOR is waiting on an FDA emergency application to be approved . I bought heavy on them last week .
Also bought in IVR . Expecting a turn around at some point for them .
Then there are my S *** bags of JNUG . I hope I can dump them by Friday
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But ECOR is waiting on an FDA emergency application to be approved . I bought heavy on them last week .
Also bought in IVR . Expecting a turn around at some point for them .
Then there are my S *** bags of JNUG . I hope I can dump them by Friday
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Storm5
Member
JNUG running hard this the AM
IVR up almost 25 percent pre market !!!!
UCO only down around 8-9 percent .
Could be a huge week
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IVR up almost 25 percent pre market !!!!
UCO only down around 8-9 percent .
Could be a huge week
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Storm5
Member
Almost time to back up the Brinks truck !!!
www.google.com
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Moscow and Riyadh are 'very, very close' to an oil deal, says Russia's sovereign wealth fund chief
The deal will bring "so much important stability to the market" and the two sides are "very close," said Kirill Dmitriev, CEO of Russia's sovereign wealth fund RDIF.
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Chattownsnow
Member
Bye bye JNUG! You will not be missed. Sold for a tiny profit
AKER has good volume today. Catch on the dip and you can make some cheese
Storm5
Member
Jimmy jnug !!!!!
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JNUG ??????????
Unreal man. Unreal. Holding firm
GDXJ should get to at least 33.50..maybe 34-35. Hold JNUG for an exit around the same time
Storm5
Member
Boom 
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Round Oak Weather
Member
Is Boeing a buy now with it close to $140
Storm5
Member
CPE must be getting pumped . It’s up when all other oil/ gas companies are down
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Round Oak Weather
Member
Marathon Oil is up right now to I’ve got both of them.
Dumped JNUG for a very small profit. Taking tips on what to buy next.
Just sold Fluor. Nice 15-20% flip after buying Friday afternoon. Will execute again once it dips down to around 5.80. Easy gains over there
I just did the same, small profit beats a loss any day!
NoSnowATL
Member
At this point short. I have oil long, so looking to make a quick buck now.
Still looking at APA. I don't think it's going to get down to last Wed. levels, but I still think there's a bargain to be had there.
Storm5
Member
So now we have a deal getting close and rockets blowing up oil fields in Iraq . 
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Did you bail on your JNUG position?So now we have a deal getting close and rockets blowing up oil fields in Iraq .
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Bailed on half of my CPE position for a small gain. Going to keep the other half till we hit several bucks per share or zero. Will buy more with a dip back to 0.40ish
Storm5
Member
Ok all my smart friends the JNUG chat boards are hell bent jnug stats green for two days . Any reason to believe that ?
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I'm holding for a while. Bought a chunk at .45...tough time breaking through .50 but will eventually, I hope.
It seems to spike in the morning and sell off in the afternoon. If that trend continues, you could make some money. Once there's a direction with oil prices, I suspect that trend will break for a while.