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/biz/ - Business & Finance


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18650697 No.18650697 [Reply] [Original]

What does /biz/ think about buying the current dip in $USO? Green investor here. Could it crash back down to negs again? Thotties please.

>> No.18650716
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18650716

>dip

>> No.18650743

Buy and hold for a few years, easy 10x

>> No.18650744

You heard it here first. $HLX is severely undervalued and has already made huge gains after beating the earnings report expectations. It is still trading at 1.68 a share and will likely blow up in next few days in a similar way to how $WLL made a 100% in a day.

>> No.18650779
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18650779

If only you knew how bad things really are

>> No.18650789

anybody got advice on what to do with my tanker stonx??? not sure if to hold or sell.

>> No.18650805
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18650805

>>18650697
Buy FANG, 10% pump tomorrow 10 AM EST

>> No.18650819

>>18650697

Why the fuck are oil bulls so stupid? USO is an ETF, it can't go negative you fucking retard. USO fags are almost about as JNUG retards. Why the fuck to normies buy these turd ETFs?

>> No.18650823

>>18650789
sell, recover your losses by buying FANG. Tanker stocks are gonna crash, the money is already moving to oil

>> No.18650833

>>18650805
What makes you so sure nigger

>> No.18650837

There's a solid chance the fund gets dissolved and you lose everything. Even if it succeeds, it will take longer than a year, however gains will be huge. So if you can afford to lose/not think about a pile of money for over a year, go for it. I put a 100 bucks on it cause I'm poor and fuck it

>> No.18650883

>>18650837
Same. $100 is not much to gamble on. However... >>18650743 would be nice.

>> No.18650885

>>18650819
It's an ETF that trades futures contracts that can go negative you ultrafag

>> No.18650898

>>18650697
I wouldn't touch USO. It will like go under just like OIL is about to at the end of the month. Plus USO is already doing a reverse split in a week, so it just makes it that much more likely to fail.

>> No.18650900

>>18650819
What do you suggest instead?

>> No.18650906

>>18650885
Learn grammar then nigger, USO is the ETF it can't go negative, futures can you dumb ape.

>> No.18650917

>>18650697
What’s going to happen to WLL tomorrow?

>> No.18650981

>>18650744

thoughts on this?

>> No.18650993

>>18650885
I'm not OP. Learn how to read an ID you doublenigger

>> No.18651026

>>18650993
IM OP

>> No.18651051
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18651051

>>18650906
did it not just reverse split 8:1?
so if you held 800 shares you now have 100 of ever decreasing value?

again,
Investing in a pile of sand on a windy day.

>> No.18651084
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18651084

>>18650697
dont mind me just thot posted as requested

>> No.18651088

>>18650833
I guess you will see that I’m sure when, FANG pumps 10% tomorrow, 10 AM EST. But it will already be too late for you by then

>> No.18651100
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18651100

>>18651084
Nice sperm catcher there fren

>> No.18651224

>>18651084
why did someone draw anime eyes on her face?

>> No.18651270

>>18650697

bamp

>> No.18651355

I’ve invested in 90% of oil companies on the stock exchange and right now the only ones that I can safely say have been 110% worth it is MRO & HAL
Everything else has been a huge fucking disappointment

>> No.18651373

>>18651355
Whiting went from .27c to 1.5 today.

>> No.18651377

>>18651373
CRC was also pretty fucking awesome

>> No.18651419

>>18651355
What draws you to MRO or HAL in particular? I'm interested in mid cap stocks but how much growth potential do you see in them?

>> No.18651612

>>18651419
MRO because they have billions in funds & were ready for this, unlike the majority of other oil companies, such as XOM, who is still stuck at ~$44
While MRO & HAL are already recovering.
I also chose HAL because it was recommended on /biz/ & so far it’s made a ton of money for me

>> No.18651847

>>18651612
Fair enough. Off to the screeners!