According to Simply Wall st, KOS should return to about $2.34 a share based on their valuation. I have 178 shares. I bought at 74 cents, it's currently about a dollar. So if I sell approx. 132 shares I will get my initial investment back which was about $132. I would still have 46 shares left. If I keep all of my shares, and it hits $2.34, they will be worth $416. If I take my initial out now, which like I said is about $132, and then the stock hits $2.34, my remaining shares will be worth about $100.
So basically, it's $100 v.s $284 ($416 minus my initial $132), but the $100 is basically zero risk since my initial is already out. Is that right?
Isaac Torres
Needs more
Robert Harris
Here's a proposition.
Tracking Crude over the last couple weeks, a pattern is emerging: it opens relatively high, but dives sometime around 1400 exchange.
I'm under the, what is possibly fallacious, impression that oil has no option but to decline given the nature of its tangibility. And without proposing to destroy it in improbable volumes, I suspect that generally the decline in price will necessarily continue until practically countered by production cuts. At least, in this very short term. Considering the may contracts as well, I think this is probably solid logic.
In any case, if we're looking at DTO, a 2x Crude Bear, it tracks daily performance relatively well, but in particular always represents these troughs as magnificent peaks. What I'm seeing is, basically free money.
Purchased OXY today after looking at financials and such relatively quickly. After I bought, I saw Buffet has some sort of deal where if he cant be paid the dividend he receives shares instead. Little worried now. Should I instead move the capital elsewhere?
Jackson Perez
Lmao this nigga bought into oxy point at him and laugh
Ethan Myers
I managed to buy OXY on 20th February (2020). I'm down 70%. Don't be me.
market hasn't been inverse correlated with corona chan numbers for a couple weeks
Jace Walker
Because the market doesn't care about the virus anymore.
And more to come.
Angel Jenkins
WOOF WOOF WOOF
Hudson Collins
Why are futures green
Carson Anderson
Because the oil industry just went bankrupt and 20 million people are gonna be unemployed
Ethan Turner
1. futures are a shitty indicator 2. yesterday was deep red, slight correction of the correction 3. stimulus package #2121248485934 passing right now 4. more bail outs 5. oil and gas intervention by president donny
