/biz/ - Business & Finance

Focusing on the micro caps looking for the 100x’s. DNR, FET and OAS. Own enough XOM and EOG to cover my risk. PE is a solid mid cap as well.

>>18737333
I'm in MRO, APA, FANG, and HAL. GUSH looks so tempting, over 1k just a few months ago. Do you really think it can recover? It can't be that ez can it? Just put a couple grand in GUSH and wait?

>>18737333
>GUSH
What is the logic of buying these oil stocks? I understand that Oil has taken a major his due to the Wuhan Virus crap. But when do you think these stocks will recover?

>>18737457
a man can dream. atleast triple digits by EOY please

Not pictured is my shares of CVE and SSL
I'm mainly in HAL and MRO, but I'll buy more GUSH soon

>>18737333
The problem with waiting so long beside the fact that you get older and older and there is no point to be rich when you can't get teen pussy (or if you can get it she's disgusted about you) is that the fact that you will be alive in a 5 year time frame it's not a sure thing
We live thinking as we were immortal but we are not. You can never know when destiny has planted a malign seed inside you and you are left with only 6 months or 1 year to live.
Being young it's not somenthing that can keep away this tragical fate from you.
Beside illness you can die in a lot of (painful) ways and it can happen tomorrow when you go to your job meme carrier

This is why buddism says: ''do not be so attacched to things (including life) because things are not permanent''

In my opinion the only good way of becaming rich is when you're young and without too much stress. Which is not the case with this post 2017 bubble wanna be rich cube

this is not a pasta. Just a consideration.

Buddism also say this thing, which I find very true: ''The more you want the less you'll have''

this is probably the reason why this shit is not at 100 usd making me a millionaire in Thailand while bob got rich thanks to bitcoin just because hek forgot the keys for years without even thinking about the price

>>18737711
Wtf are you on about m8? I hope that's copy pasta.

>>18737333
HAL and MRO. Gush is a good pick, if it goes back to $1k I'd coooommm.

FANG is the only one mentioned in this thread that looks like it could actually perform well.

>>18738342
What makes you think that?

>>18738342
MRO has one of the cleanest balance sheets out of all the other oil companies what are you on about

$OXY. 100 shares at 12.90

>>18737333
Checked, looks good

>>18737711
holy fuck bros i never thought of it that way. just sold all of my oilies and im going to spend my money on hookers and blow

>>18737457
Do you not know what leverage is? If it recovers it won't do so for years. More likely it goes to 0.

>>18740325
Not bad for a starter pack. Why USO? Just curious.

What exactly is good about MRO except that they're currently cheap?

>>18740367
Thanks, first time investor here. It was just a hunch after looking online for a bit but being new I wasnt to sure and said fuck it. I'm probably going to sell it off and get more CVE or MRO

>>18740325
Go back to redit nigger faggot

>>18740527
Okay, makes sense. I'm taking a gamble on GUSH myself. Mostly invested into MRO and HAL. Optimistic overall for the future.

>>18740572
I knew someone was gonna mention something. It's an alert for a sub reddit on my state and insurance dropping. Kys

All in VDE. Boring, right?

>>18740608
I believe I told you to go back you tranny cunt

>>18740597
I have high hopes for MRO and HAL. I was thinking about GUSH as well, just cause it's cheap. I'll probably do that next week unless I sell some other stuff off

>>18740597
GUSH is leveraged. It's going to 0 in less than a month. Enjoy the ride I guess.

>>18740662
Yeah, that's a primary concern, but I only have a small hand in it.
https://seekingalpha.com/article/4340204-gushs-performance-materially-improved-since-leverage-was-reduced

>>18740638
>unless I sell some other stuff off
Kek, I remember doing that myself long ago. It's just never enough. I plopped my entire stimulus check into investments as soon as it came through. Man, I need more!

>>18737333
XOM, VDE

>>18740241
I have a vague notion- it means that a portion of the capital backing an entity is borrowed which amplifies returns/losses. GUSH is now double leveraged and it's suppose to mirror the S&P Oil & Gas Exploration & Production Select Industry but it should give double the return. As long as the S&P Oil & Gas Exploration & Production Select Industry is recovering then GUSH should too but with twice the gains no?

>>18740756
> I plopped my entire stimulus check into investments as soon as it came through
I did the same thing. And me not working and being on unemployment, I'm making more than if I was working.
I just dont know if i have everything spread to far out when I dont have alot of shares in them. Wonder if it's better for me to go big on a few, rather than spreading it out

>>18740933
Checked
I'd recommend going big on a few companies. I'd recommend investing into 3-5 companies max. With that in mind I'd keep your other investments don't trade, just try to narrow it down between 3 to 5 stocks (5 is really, really, really, really, pushing it but can be manageable if you do enough research I made it work but yeah).
Also, I hope that $2k monthly stimulus check comes gets passed. lol

i went all in on OXY @ 13.83

>>18737333
The secret /biz/ server link is discord gg UrGjFsg
We will interview John McAfee this week. Join.

>>18737333
Wtf do you know about fucking GUSH you faggot, spray your verbal tard bullets elsewhere.

Current folio. Just started about a month and a half ago. Oil has been treating me good.

>>18737333
The best performer in my portfolio is KOS, up 27.65% on that. I wish I went in more heavy when it was under a dollar.

>>18741900
Checked

LISTEN UP FAGGOTINIS
Tankers
>But anon, tankers are a pump and dump
Wrong. USO is a pump and dump. If you buy USO you are knowingly buying the obligation to accept oil delivery when no storage exists. Where you gonna put the oil anon?
>USO will roll the contracts
USO has controlled 30% of the oil expiry at times who the fuck are they selling to with demand down by 30%?
>But anon, they flipped their contracts forward already
Yes, to July and they need to roll 40% of their portfolio soon. Oil funds are blowing up everywhere who is the buyer?
>How come prices are still postive if its as bad as you say
Because USO is literally creating a bid for producers to sell into. Producers Dont give a shit where the oil goes. They are well hedged. They just need a sucker to take the other side of the bet. You own USO? You are that sucker
>But anon, the regulators would let this happen
THe regulators dont care about you. Wall street is making a killing off these ETPs and youre paying for their lakehouse
>What do?
Buy motherfucking tankers. As much as you can. WHen USO goes to roll their contracts we could see -$100 oil. MINUS ONE HUNDRED
>How do tankers profit?
USO fools pay tanker companies $100 per barrel to take the oil. Then said tanker company shorts the next month at $15 and gets paid $115*2Mbarrels to do nothing for a month.

>>18742388
>What if next month collapses
Then the tanker company buys back the contract at MINUS ONE HUNDRED FUCKING DOLLARS again and shorts the next month. Thats another $230M dollars PROFIT on a VLCC worth$120M
>How long will this last anon?
Years. THere is going to be a 2B barrel supply glut in storage. If demand goes 10M barrels over supply how long will it take to work off that glut? 200 days. Thats after the economy gets roaring again which isnt anytime soon
>But anon if this is such a good trade why isnt it priced in?
Because NOBODY is watching the tanker market. Every retarded zoomer is invested in SPY VOO and QQQ because
>WHen does this pop off?
Next week when its revealed STNG is earning the market cap in profit every 60 days
At $200k per day spot(you are here) DHT pays $1.50 per quarter dividend. That is $6 per year on a stock trading at $8.08 right now
Lets say worst case a company is worth 5x their dividend. That means the DHT 15c December is a 15 bagger.
Lets say its worth 10x dividend. Ok DHT is $60 and the dec call is a 45 bagger.
Lets say earnings go to $2M per day. Not impossible at -$100 oil. $DHT pays $15 per quarter in divvy. that company is worth $300. You could make a a 40 bagger WITH SHARES
>But anon its all priced in
Its not even close to priced in
DO YOU SEE IT?
BUY TANKERS YOU STUPID FAGGOTS

tankers are based

>>18742444
Chekd

>>18737333

put 2,5k on OXY today, looked really cheap, I don't even know shit about oil but if Buffet and Icahn went in on this shit for way more expensive then I might as well through some money at it and collect my cheque in 3-4 years

>>18740841
If you lose 10% in one day, you're losing 20%, which means you would then need, what, 80% gain to get back to even? Look it up for exact numbers I'm too retarded to do math.

>>18742404
Hmmmmm

>>18737333
Ive made a fucking killing off nustar (oil transportation and storage)

>>18742820

>>18737711
Hurrrdurrrr sex and le cocaine guises xDDDD

Fucking pussyslave. If pussy is the only thing ypu can think of when talking about money then you're retarded. Whoever wants to get rich is actually chasing financial freedom in the first place without knowing.

Also fuck you.

Oil bear here
U guys really betting on this chart
Tanker lyfe

Any of you guys holding OKE or RDS.B?

>>18743103
I hold RDSB but the UK version. It was either that or the Dutch version. My shitty trading platform is limited. Can't get any tankers except for NAT which I got completely BTFO on today. Just fuck my shit up.

I’m in on XOM and MRO.
Not really looking at diversifying over 5 companies or whatever. Too much work to track.
My next buy is tankers, I’m going to go balls deep. Probably going to sell all my bitcoin.

Aiming end of next week to own shares in:

MRO. XOM. TK. NAT.

>>18743372
Isn't Rds.B the UK version though?

>>18742388
>>18742404
why are you so passionate about telling people to buy tankers. this doesnt read like a rebuttal it reads like an ad.

>>18743516
5 is the absolute max. It's pushing the envelope for investment practice. Also, keep your Bitcoin.
MRO is great.

>>18737711
>basing your decisions off getting pussy

>>18743562
You want RDS.B. RDS.A charges a 15% tax for foreigners on their divvies. There is no regular RDS. Only RDS.A and RDS.B

>>18737333
Made 250 betting on CEI during first oil rally a month ago.

Reupped during this new, weirder pseudo rally and am down about 84 bones.

The stock has a former price of 458 something and now its at 1.70. My thinking then, as now is theres no way a stock that was formerly that high wont retrace at least a fraction of that. Also not a big enough deals being made about the fact theyre getting ready to merger with Viking oil, so execs are still making big moves with the company. I can see it being a big mover in the next couple years.