stay strong and hold that bottom bought oil

bought 20 NVAX. gonna watch ICD and buy if it drops closer to $7

right now the real game is US oil, those who bought at the bottom two levels of support ago will be rewarded for being patient and string willed in the end

at least, when % matter

I can see 20% gains in the next week for biopharma sure

but I can see a chance at XXX% in US Oil

in the next week?

that's gains I wanna be apart of

I can afford to miss 20% gains, I can't afford to miss XXX% gains

the original few US energy and materials stocks I suggested

those are the real end game players

lockdowns gonna expire, full moratorium on immigration, globe taking biz out of china at record levels

Like I would buy ICD at 7$ or under

DNR at 18-20 cents

etc

that way when things "go back to semi-normal" 2x-12x investment

depending on the stock

ICD is a 2x

DNR is like a 3-5x

NBR is like a 6x

whatever the price was around Feb 26th-27th

is your sell window

whatever it was on like mar 20 or april 8th is your buy window

or as close as you can get

NBR is currently 51% lower than it was on Mar 20.

so you can 2x with NBR current prices

there's some stock that are like a 10th or 12th of what they were

just gotta look for them

On my currently watched stocks, prices at Feb 26 and Mar 20 were as follows:
DNR .27 and .81
MEGEF 1.20 and 4.78
NBR .44 and 1.79
OAS .41 and 1.78
ICD 1.59 and 9.00
CHK 36.40 and 83.00

you can compare that to current prices

NBR was 1.76 Feb 27th

that's high

NBR, OAS, DNR are all higher potential than any biopharma I know of

They're also higher risk

This economic event is what paradigm shifts are made of

there exists a larger-than-anyone-wants-to-admit probability that oil will never recover. If alternative energies stay a viable investment opportunity (they will, they have only increased over the last decade), more people will likely jump ship.

electricity storage technologies (the biggest limiting factor to alternative energies) have made MASSIVE strides in the last two years

energy densities attainable in products that are orders of magnitude greater than anything currently on the market.

some of them even capable of near perfect fidelity and efficiency.

80% chance of Oil recovering enough for several hundred if not thousands worth of % gains, 20% chance of WW3.

I'd say closer to:
40% chance of oil recovering enough for massive % gainz
20% chance of oil recovering enough we make moderate % gainz
20% chance oil never recovers due to alternative energies (and/or other technologies)
20% chance of WW3 and none of this matters

20% chance of WW3 and innaspace

who needs china for rare earths when you can get astroids to orbit your planet

space is way closer than china

space is closer than any of my family members

I'm trying to dump another $400 into precious metal options. First $180 got me $370 back out. Trying to see what another $400 will do

.....and it worked already. up 6% on each contract immediately after purchase.

fuck

are you making money?

i should get to trading

why did I just hemorrhage almost 3% of my gross? Nothing changed enough for that.

refresh

👍

NBR took a 4% nosedive

how to trade guys

OAS jumped 20% after close.

And DNR is up 39.3%

NBR's reverse split goes into effect today.

OAS up 80%, DNR up 50% overnight

https://tenor.com/view/oil-petrol-explosion-gif-13420305

that's me when i hold a matchstick to my ass

https://gyazo.com/c9bbdb11ec1d8bc85106e2ae9ad2fb49

I thought ICD would be the safest one, I was wrong

hope I get a bailout when the market opens

above 8$ would be nice

sold all my OAS at .509 and rebought at .459

based

I may liquidate all my oil shit at COB today

or sooner

i've been reading all morning about oil companies hiring the types of legal teams reserved for corporate bankruptcy

I would sell too

at this moment

https://gyazo.com/09d3bb1de84fe24a93e80a8a22568fd5

but my ICD hasn't panned out yet, so I'm in

you can always sell 80% of your holdings and hold the rest

Sold off all my OAS and DNR

nice play

dont forget you have to pay taxes 😉

If my SLV calls will get back up where they were 4 or 5 days ago, I'd go ahead and cash them out too.

Everything else i'm on is a net loss (most only by 2-5%), but I'm holding them hoping to go net positive.

OAS 125% up

Yeah, I sold at 106 up.

Maybe should've waited a little longer

I called it, but picked the wrong stock, f

f

yeah I'm holding too

I honestly thought ICD would green candle harder yesterday

to at least like 10$

I had to take the pattern trade violation today 😦

chad move

my SLV is at gross +60%. If it gets back up to 100% i'm cashing. (it was at 140 before the dive last week)

that's not bad for your first couple of trades dude

you got it 😉

UGH. Another 5% and CHK will break even so I can offload it

I could've broke 2k and $500/day if I'd have held OAS 10 minutes longer 😦