I’m a brainlet. I use Robinhood... what oil stocks do I buy? Please help
WHAT OIL STOCKS AM I SUPPOSE TO BUY
>imagine missing this one life time chance
literally never felt bad for an OP before now
Please let help me. I have 20k in cash. What do I buy?????
FANG
You don't buy shit because you'll either have to sell everything in a few hours at lower price or have it in your garden for life
WHAT DO WE DO TO PROFIT OFF OIL!?!?
You have time, you have time. A new deal will come somewhere this month. It will jack up oil prices but the same shit will happen again. Get into some big oil companies during the dips like Shell and Exxon.
None. Buy floating storage.
>buying oil
yes you're definitely a brainlet
How does one do this? Stocks of the companies?
But it’s at an all time low... surely it will go back up after the beer virus is gone?
Buy GUSH
Just buy oil dummy it's not hard
MRO
MRO
>over 16
>doesn’t know how to buy oil
Go to the fucking gas station and fill up the tank in your piece of shit Ford Fusion. The average tank in a sedan is 14 gallons, 2 gallons per barrel, do the fucking math. Once the price returns to normal levels (~$50/bbl) you’ll make a few grand. Do this 100 times and you’ll have a small fortune.
imagine wanting to buy into this chart
What do I do when it gets to my house?
I have 2k in this IDK if it need to get off or stay
yeah which could be a month from now or 6 months from now for all we know. they could also open everything back up and then cases start skyrocketing again so they shut everything back down. there's plenty of time to make money from this. you'd much rather miss the bottom by a few dollars when it starts going back up then buying while it's still on its way down.
dude...
just picked up 900 shares of USO.
Am I gonna make it biz?
I PUSH MY FINGERS INTO MY
How do you buy into this oil market now?
I want to make a quick buck once this shit rebounds.
no its still falling kek
Or wait for it to bounce back up.
Or just fucking hold because its an investment and not a flip.
we short june next or?
it's at rock bottom
Buy oil
How/where? I haven't invested into anything before.
Which oil index? there's like shitloads of them. And futures, and ETF's.
This is literally zero information
>buy oil hurr durr durr
and sell it to ?
This
An user said to short any and all oil positions a few years back. Not sure if it was volume related or just a hunch but hindsight is a motherfucker sometimes.
to early ETF are lag products kek
but shell has not crashed with this.
I’m not Asian
you have to buy more user to curb your losses
Why did it spike so much in 2008? What happened?
I've lost so far $500 on it. but I'm waiting for it to crash to 1 cent to go all in.
>please do research for me spoonfeed me QUICK I'LL MISS THE ROCKET
you're dodging a bullet by being retarded, if you buy you'll have barrels you won't ever be able to sell even when the prices go back up, if you can even store them at all (you won't), then you'll get fined for trying to get rid of all this shit illegally.
This isn't buying stocks, there's a reason it's crashing hard and into the negatives, people don't want this shit because they can't store it, and they'd like dumbasses to buy because it'd cost much more to transport or store them than it'd ever make you selling it when the prices go up again.
If you buy you need to sell TOMORROW or it will crash again and again
oil confirmed for dead shitcoin
oh so i cant buy something like digital silver paper silver etc with oil?
I wouldn't go near oil stock. Look at each big oil companies stock price over MAX timeline, they're volatile as fuck and mostly down trending
No even worse.
>at lower price
There's a lower price?
Sure, but it can't possibly stay negative. In fact it can't stay under $10 forever either. There are benchmarks like these that you're pretty guaranteed to be safe for.
>buying oil
at least you will all stop rotting this board when you all kys
happy i sold apache two years ago.