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Apr 27 2020 10:29am
Quote (Magicboy7111 @ 27 Apr 2020 11:34)
Bold - at this rate the US oil companies are gonna go bankrupt. They can't outcompete the foreign oil sources



Or ^me1 gets that 900% return on the OIL ETN that I’m eying also.

I bought some airlines today. A bit risky but there were +1.4k commercial flights WoW for the first time since March so the data tells me we’ve bottomed unless a second wave hits (which is probable and the risk)

Also more airlines is good for oil so I like your investment, ^me1

This post was edited by Greater on Apr 27 2020 10:30am
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Apr 27 2020 11:11am
I'm still trying to invest more than the $50 capital I have in my savings account
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Apr 27 2020 11:52am
Quote (death_knight @ 27 Apr 2020 13:11)
I'm still trying to invest more than the $50 capital I have in my savings account



Gold: Locked

Even holds true irl
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Apr 27 2020 11:53am
boeing
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Apr 27 2020 11:53am
Quote (Odell @ 27 Apr 2020 13:53)
boeing



Eeeeeek
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Apr 27 2020 12:01pm
The dirty stanky torn up stockings off the street workin' girls obviously bruh
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Apr 27 2020 12:17pm
After the financial corona crisis

the great nationalization and redistribution will come!

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Apr 27 2020 12:35pm
Quote (Greater @ Apr 27 2020 01:53pm)
Eeeeeek


they are making skynet

no worries
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Apr 27 2020 01:58pm
Quote (moutonguerrier @ 27 Apr 2020 14:35)
they are making skynet

no worries



Yawww but would have already been baked into price, no?
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Apr 27 2020 02:10pm
Quote (Greater @ Apr 27 2020 12:29pm)
Or ^me1 gets that 900% return on the OIL ETN that I’m eying also.

I bought some airlines today. A bit risky but there were +1.4k commercial flights WoW for the first time since March so the data tells me we’ve bottomed unless a second wave hits (which is probable and the risk)

Also more airlines is good for oil so I like your investment, ^me1


Now's a poor time to invest in oil stocks though - oil prices are plunging but stocks aren't, meaning that the stocks are currently artificially inflated by shareholders

Also, oil is a poor long-term investment given the rise of renewable energy, so you'd be looking for a short-term return on a stock that's valuated higher than it's worth currently. Not a good buy
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