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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18798276 No.18798276 [Reply] [Original]

>> No.18798288

>>18798276
BULLISH

>> No.18798297
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18798297

CRASH
CRASH HARD

>> No.18798309

>>18798276
happens

>> No.18798433

And bitcoin holding steady. The decoupling is here

>> No.18798449

>>18798433
very important day coming up, but I think it'll follow the stock market again sadly

>> No.18798526

So? Prices fluctuate, but HAL will be around forever.

>> No.18798578

>>18798526
amen, crisis just means conflict which means profit for oil chads

>> No.18798665
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18798665

>>18798526
>>18798578
>oilniggers pumping for the past month even though every single company in the sector is hemmoraging millions of dollars a day because oil is worthless

we had a chance to save ourselves but you pretended nothing was wrong.

>> No.18798683
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18798683

BITCOIN UP BITCOIN UP bITCOIN UP

>> No.18798709

>>18798665
Nope. HAL and MRO are going to recover just fine over the coming months and years.

>> No.18798717

>>18798709
Sinking ships. Oil isnt being produced how is the company plan on making money for the next year?

>> No.18798742

>>18798717
They will recover just fine. Oil isn't going to stay down forever you dumb cuck. The problem is demand couldnt keep up with supply that's why the prices are low and some of Halliburtons operations are halted for a variety of temporary factors. Domestic oil isn't in demand either which is why MRO is down. They are both extremely powerful companies that can get away with murder and both will fully recover before EOY

>> No.18798750

>>18798717
>>18798709
>>18798665
Oil will reach $100 per barrel by June, and will hit $200 by eoy.
Most companies are already hedged at $65 per barrel, meaning the oil they have already 'sold' oil at that price. Doesn't matter if market price is $1 $10 or $-10, the oil they have WILL be sold at $65 aka they're making money.

>> No.18798759

>>18798750
You have to be a special kind of retard to think oil prices are just going to stay down for good because of a pandemic. Correct me if I'm wrong but this is kindergarten level rationale, no?

>> No.18798765

>>18798750
Furthermore all lockdowns are starting to be lifted, there is already evidence that the coronavirus epidemic is nothing more than another strain of the flu (0.01 mortality rate with healthy individuals), it's just more infectious meaning it hits old and deformed people much more intensely.
The only people (aka rich wall street folk) who want to keep the markets closed are the same ones who make money off buying low and shorting the market.
Warren Buffett already conceded that the Dow might break ATH by summer (aka he has insider info that this will happen)

>> No.18798770

>>18798759
it didn't reach negative prices because of the pandemic

>> No.18798796

>>18798759
Yes. Also fuel cuts will cause oil shortages when the economy opens back up. The fact that people will be weary of public and mass transit means they will use ride sharing, cars and other smaller means of transportation much more. This will cause fuel demands to skyrocket, causing likely oil shortages and price hiking.
iirc buses and trams are 20x more fuel efficient than individual cars

>> No.18798799

>>18798750
Oil will be 1,000 by August

>> No.18798831

>>18798796
Feels good to be in and ahead. I just feel sorry for all scrublords playing with chainlink right now.

>> No.18798897

>>18798276
>-2%
Retard thinks that's enough to kill the bull market.

>> No.18798901

>>18798796
Still most of the oil in the us comes from the middle east they will be the ones profiting
Costs 40us to produce a barrel of oil while Saudis do it for 10us

>> No.18798939
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18798939

>>18798901
Give em a call, fren

>> No.18798980
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18798980

>>18798276
>tried buying weekly calls tueday
>order never went through
based

>> No.18798982

>>18798939
Hali was negative a billion dollars in 2019 when oil prices were high. Saudia Aramco was up 350 billion

>> No.18799001

>>18798759
you have to be a special kind of retard to not understand oil is a commodity

>> No.18799073

>>18798433
Just wait. Btc is still correlated, it just lags a bit. I'm tethered already (getting ready to short), and shorting in stonks.

>> No.18799079

>>18799073
How low will BTC dump?