What oil stocks are you buying?

Are we actually getting an oil pump Monday? Was the news good enough? I thought they agreed to a weak deal

It think they'll all sink next week hard, But if you're in the long game then go for it. You have a good strategy. I'm just thinking more short-term day trader profit making,

Buying all the way down homie. I want the divi so I am in it long term.

What Oil stocks are you thinking of buying?

Have fun when it gets delisted

you are a moron

is this for oil company stock ?
physical oil supply in storage?
or oil futures contracts?
can someone explain this to a noob.?
seems pretty fucking obvious oil should be a good buy and we are in the time of our lives opportunity-wise
but doesn't the whole world see it too and will do the same thing?
will the whales allow this? for normies to buy low and win big?

I am holding WTI, HAL, XOM, and RDSb long-term. Any suggestions?

CVX, EPD, and tankers

I got HAL, XOM, XOP, MRO, and GLOP when oil was low. But MRO and GLOP tanked so I sold them as soon as they creeped back up to neutral.

I may sell my HAL, XOM, and XOP on Monday and buy back when they're bottomed out again. Yeah it would suck if they just rise permanently again but I'm sure there'll be valleys in other sectors in the coming weeks of Covid quarantines.

what do you think about mro ?

Here's what I own right now, planning acquiring more of everything that goes back into the red. I avoided XOM because of the high sticker price, I prefer low priced stocks because when the price drops I can buy many more stocks. I fucking love SSL right now even though during the dump it got extremely oversold and I was getting worried it was going to go bankrupt.

The last couple days have been very good to me. My gains in stocks have slightly exceeded my losses from playing with options two weeks ago. I'm very fortunate. I think I might start writing puts for stocks I want to accumulate more of anyway, like LNG or CLR, to at least collect premiums while I wait for the price to drop to my buy point.

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You have to undestand who the big players are in the stock market when it comes to determining price. You have investment firms and companies doing stock buybacks. Investment firms take cash from other people, pool it, and invest massively in the stock market and are beholden to quarterly results. If results are bad, people start to pull out money, so the company sells lots of stock all at once to cash them out, driving prices lower. They're an accelerating force in selloffs. During good times they slowly accumulate lots of money (and tail risk), until bad times come. This is one cause of the boom bust cycle. Now companies doing buybacks create the "good times" because they artificially inflate the value of their stock, also to meet quarterly targets, but in this case it's for bonuses for executives. When the bad times come, executives bail and leave a company with insufficient cash and revenue to justify its high stock price, so when investment firms start selling, everyone takes a second look at the numbers even if they aren't having cash withdrawals themselves, sees that the stock is overvalued, and sell it. As the momentum increases, all the large investment firms start to sell off in an attempt to beat the market and retreat into cash, waiting for the bottom to start buying in again. The faster they do this, the smaller their own losses are.

There are no bogdonoffs on the scale of the entire market, although there are for certain stocks (any buffet touches). The federal reserve mainly ensures, at this point, that there's enough cash in the system that none of the big investment firms go bankrupt no matter how overleveraged they were, because (bad) reasons.

Read The Intelligent Investor to get a sense of how to profit from these bouts of temporary insanity as a value investor.

Oil lord here, lemme tell you, oils heading to $10 and when that happens these stocks will take another 30-40% hit. Many of the smaller guys won’t recover. Do with that knowledge as you may

I agree with you My Lord. Oil will fall off hard one more time in the next couple of weeks bringing prices below 20. That will be when you buy hard. Lets just hope Trump doesnt tell the stupid fucking FED to buy energy stock. Fucking Trump will not let the Goyim buy anythign at a discount.

smart man, you will make it, likely one more drive down to a new low that’ll scare people off buying. Soon as this thing is sorted it won’t be below $30 again regardless of a recession.

We will see another major dip in the upcoming weeks already and the discounts will be way higher once the earnings are released.

KOS for a good long term return

thank you sir for taking to illuminate this for a noob.

Eni, it's a bargain at this prices

nice list, you’ll do well if you don’t get scared outta the market

To be more in-depth, their project has been delayed for 52 weeks. They are partnered with BP and will be one of the best penny stocks to invest in before their project starts taking off.

HAL IS Big Red, OP.

also I used to work as a HAL engineer in Texas, got out but I have plenty of friends who still work (or worked) for them. They just laid off a fuck load of engineer in ETX from like 30 to 5. Not sure how other locations are doing.

i have FRO and will pick up RDS.B @ $20/share and XOM @ 30/share

HAHAHAHAHA

They did and then Mexico basically said that they were only going to cut 100,000 barrels a day which could tank the deal.

I'm comfortable seeing the scary red -50% on a stock when I know I can buy more and the fundamentals haven't changed. I did get scared out of buying puts because those shits expire and I got really tired of the fed pumping the market just to fuck shorters.

I wish I could sell them now and capture those gains but I want to hold on for at least a year to get favorable tax treatment. I missed the boat on PCG and BHC, should have sold in January and locked in nice little profits there. In the meantime I'm doing more research on oversold stocks and trying to identify bargains, but the pumps are muddying the waters. Gotta wait for the next big dump day to see what's still being oversold.

Am I gonna make it?

I think I messed up getting into OKE instead of putting that money in other oil groups.

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Kosmos energy(I bought more of KOS than everything else combined) Exxon, MRO, precision drilling.

Long term hold, friend, after a year we'll have BIG profits

Knowing how much BIZ likes to post memes why are you guys mentioning KOS exactly? Is it because of their partnership with BP? Do you think that they can survive this shitshow of kung flu and china having a second wave? I am just curious.

Priced in.

Someone recommended me Kosmos energy when the stock dropped to 50%. He told me to hold the stocks long term. Now they are almost $1. KOS earnings are higher than they were projected to be. I have a gut feeling about it.

Keep up to date with their business and you'll see why, when they drop back down to less than 80 cents a share I'm buying alot more into it

50 cents, not 50%*

Through their IR service or what exactly? What do you fellow biz traders use to find stocks and is there any recommendations? Is it seekingalpha, stock twits, etc?

Listings, read the charts, what projects they have in store, predict the future based on the information you have

Redpill me on Kosmos. Can it sustain sub 30 oil prices for a year or so? Almost seems worth a risk at sub one dollar

The only bottom is you, faggot

>OPEC breakdown averted
The bottom was when investors first saw $20 a barrel, now all derivatives will moon .

Imagine thinking that we aren't going to retest the lows before the end of this year.

Do you have any advice on how to do TA, never understood it. I am just a simple man hoping to turn 4k into some cash so I can eventually have a life.

There’s still a mass oversupply of barrels you idiot, world storage is almost full then what? This shit will take most the year to unwind

Whats your guys tanker plays?

FRO, DHT, EURONAV, etc.

Use this stockcharts.com/

They just suspended their dividend and cut capital spending by 30%. They have achieved key oil and gas discovery and operations historically since they were founded in 2003. If they can manage capital wisely and continue to discover new Oil and Gas fields, they will be worth money again.
>t. the 15 minutes I spent reading their Wikipedia

Wtf is up with ICD

what makes you think they will drop?

NE is a poorfags choice

Hope they dont pull a reverse split on us

Decent probability that Oil goes sub $20. If that happens every Oil&Gas company will drop.