/biz/ - Business & Finance

>>14509400
its halfway between lunch lull and power hour, so not much to say at the moment

and thankfully the rest of /biz/ is quiet right now too

>TQQQ almost under $50 again
hope yall are ready to buy again

>>13935183
VIIX or TVIX is usually a good weekend holding (or a good thursday hold) when the week is full of empty trade deal "talks" (or new (and often hypothetical) punitive reactions)
if you are nervous
just dont dump over 10% of your portfolio into it unless your uncle works at SEC and just gave you an insider tip

>>10904744
no more so than selling tobacco or alcohol or MIRV's

>>10904776
classic comfey posting

>>10427500
sand-anons top picks for "Sanding It Up™"; sand up your life and lose hair over the stress of oil prices

reasons for U.S. production oil going up = U.S. produced oil can now be sold by U.S, Permian basin, currently pipeline is bottle-necking output but pipeline will soon be expanded which will lead to a glut of production, oil companies scrambling to drill baby drill due to the recently lifted restrictions
more selling of oil to markets around the world (but mostly china); plastic will need production, fuel, synthetic production and all that crap

so when the restrictions were lifted; texas needed sand to create the wells; and the production of a well is a 10-ish year affair so they needed a lot of fucking sand; about 2.5 million pounds at the minimum, 7 million at the most; when the permian rush began sand companies set up shop shortly after; a few companies then a lot of companies, enough to make investors worried that there was an over abundance of them

so they've been flying under everybodies radar. you might take notice, as a good investor would that SND's short ratio was 35%, that analysts were giving sell ratings and that the company was making bullish mine aquisitions; positive P/E in the first 2 years of being a fucking company. I can't remember where the site listed the amt. of sand they had to sell, but I did a lot of math and figured out that these companies don't have enough sand, not nearly enough for the rate that derricks are being built

so I took out options, long strongly bullish options about 2 months out and low and behold, we got some winners in the last week;
HCLP; the strongest, most established company making bullish statements, bullish acquisitions, .75 cent fucking dividend a QUARTER, strong buy at the moment
SND; no div, weaker but highly undervalued, even now extremely low despite recent 5% uptick, value play
SLCA; has U.S. in the name and short ratio is still high, undervalued and has regained bull sentiment

>>10210742
I've been honing my abilities to find undervalued jewels
I've gotten pretty good at it but my bets are typically longer holds; calls and puts that I typically cut shorter than I should be cutting them
I have some picks and recommendations; but I feel weird about advocating for my positions; makes me feel dirty for some reason

I also make a lot of stupid fucking desisions; I'm still trying to learn how to read a 10-Q and find reversals with the data I get
Need to just be patient and start believing in my picks more