I’m still all in on oil

How fucked am I
Do I sell off for a huge loss
Or just wait to gain a profit after 1 year
Im scared bros
Hold me

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Get out retard. We are entering a depression. People are going to be afraid to travel for YEARS after this shit ends.

It’s too late
I can’t
I’m in way too deep
I only lose money if I sell for a loss

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>goes all in
>doesn't have the balls to stay all in
You cant just expect to make gains over night user. I haven't considered selling since silvers spot price dipped. I've been planning my next purchase. Most people on this board and a lot of people in general have the patience of like a five year old with ADHD.

>hurr durr i gambled more than i can could afford to lose

no sympathy from me faggot

Might as well stay now. What are you hodling

as oil prices drop
more industrial companies go back to practices that were too oil intensive to be productive.

profitable, not productive*

wait it out

MRO (overall made money) XOM (about to start going negative if it goes down below $40)
And HAL (losing lots of money)

remember that greentext of the guy in eastern europe who lived through the civil war happening
>we personally traded all our gold for some food and mostly ammo
now in 2020
>I personally traded all my bitcoin for some tendies but mostly for ammo

if you can afford to play a long game then hold and be prepared. oil will probably recover at some point but its gonna get worse before it (hopefully) gets better. hope you didn't buy high

Or lose more lol

Okay fren

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I won't say to sell if you're up on anything, even though it would make sense given the way things are going. Anything you're down on you should keep if you don't seriously need money. Provided the company won't fold. I'm holding some HAL and am down a bit but will hodl since I think they'll do well in a year or two.

>buying XOM at 40 instead of when it was at 30
What were you doing instead when it was at 30? Trading shitcoin?
>the most basic bitch stock in the entire sector (HAL)
If you want to gamble, buy RIG. Boomers love the symbol.
>MRO
You've finally wised up a bit.

>How fucked am I
You're basically a retard. The good news is you're gonna make it as long as you stop crying like a bitch.

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In 6 months oil will be back to $45 a barrel. Literally can’t lose money with oil stocks if you accumulate now

I have some calls out a month and a half for mro and I'm at breakeven. But honestly, if it dips which it certainly might I will buy more. General consensus is that it has potential to make big gains when things recover and the company has reserves and prepared for this

I’m thinking about buying more MRO. I was tempted to earlier today when it dipped into the $3.80s

What about January (21 or 22) MRO calls?

sit it out
exxon and shell are fucking bargains if you bought now, if you bought before...well.....

shell dividend is 11% at these prices. Exxon over 8%
no brainer

I bought XOM at $42

I have no clue how low it can go, I still think it may retest lows but who knows. Would be great to load up at $3. If u have 100 shares then u can play the covered call game for a few extra bucks here and there and can offset some downside
Yes if ur prepared to hold long term

people need oil and food
oil ploughs the fields
oil makes pesticides
oil makes the fertiliser
oil powers the fishing fleets
oil powers the combines
oil heats the homes
oil powers the trucks
oil powers the mines
oil makes those electric cars
fuck grettatards
two essentials, oil and food
oil exxon and shell are fucking bargains
strong buy
people pay for oil and food, or they die

not so shabby, you will never nail the absolute bottom, just sit and hold, you'll be fine probably by today, swings of a few % don't matter it will go up and strongly, in the meantime dividends >inflation and money supply increase

I bought 36-39 btw but 42 is ok
shell is the bargain of the day today though.

Seems like it's a pretty good bet though?

>be afraid to travel
Still need to drive around and all I see are cars.

This.
Hold you fucking goy.