/biz/ - Business & Finance

>>19114602
I am leveraged hard, but not hard enough to get margin called. But I DCA'd so hard that, again, for tankers I am only asking a dollar up about more on average across the board (Not counting STNG). And now SCO is weighing on me a bit which is what I am actually concerned with, my leverage was balanced good for a long wait until I threw in SCO which is killing me now.

>>18859043
>investing in international and not local oil
>investing in a company cutting a long-time dividend

Not a hold, get out at a profit. Won't receive US specific bailout nor will it have good will to hold in bad times thus plummet more.

I'll be damned. Gain 4% yesterday, 6% AH,down 3% today and the AH gains erased too. What a cruel market. Least 2 day average is up 1% still.

>>18450163
Memes aside. I want to know what is actually going on for real, this has to have an actual reason right now.

>>18450165
Progressing? How? The curve hasn't begun to steep down yet.

>>18450180
But what changed since market close? We haven't even seen the earning reports yet. I left for 2 hours and we went from barely green to enormous green. Something had to of happened, we all know there will be panic come tomorrow morning. If there is no new reason then something bad is a brewing.

>>18450212
All lies though to anyone informed. He went Ministry of Truth today, and people called him out for it. Plus futures weren't that green then, nothing new happened from then to now.

>>18450219
I'm afraid I probably wasn't here.

America is going to fucking burn from the Corona virus as we are not equipped nor willing to handle this and do what is needed to be done. This stock market is going to crash worse than the great depression, points are only continually moving in such large numbers because the big players know the end is nigh and to take all the profits they can while they can and not give a fuck about reducing volatility. Everything is going to collapse and going up and down so much is just evidence of that, this shit ain't natural.