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Replies: 19
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Ultimate Clemson Legend [103397]
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64
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Joined: 2002
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Please enjoy this 15 minute intermission
Mar 9, 2020, 9:38 AM
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Your selling will resume in 15 minutes.
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Heisman Winner [83848]
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62
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Wat are you talking about? We selling fawsets hear like they
Mar 9, 2020, 9:46 AM
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fawsets.
Tired of all this BS speculation in the markets.
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Heisman Winner [86887]
TigerPulse: 100%
62
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Joined: 2004
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lol...the stock of a company that hasn't made any money
Mar 9, 2020, 9:49 AM
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since 2011...is actually up today.
I find this fascinating that people are still buying a stock that they have no idea what it is. And have been for two + weeks.
https://www.marketwatch.com/investing/stock/zoom Zoom Technologies Inc. ZOOM | Complete Zoom Technologies Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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All-TigerNet [12851]
TigerPulse: 100%
47
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Joined: 2002
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what are the chances they get hit by CV-19
Mar 9, 2020, 9:52 AM
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slim.
BUY BUY BUY BABY
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Heisman Winner [83848]
TigerPulse: 100%
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I went to a PREMIER institution of higher learning to get my
Mar 9, 2020, 9:58 AM
[ in reply to lol...the stock of a company that hasn't made any money ] |
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college degree in Financial Management where we learned how to judge the health of a company by it's performance, assets, historic trends, etc. etc. etc. All of that is a piece of the puzzle of figuring out where to invest money in order to get a nice return on your cash investment.
AND THIS IS THE TYPE OF SPECULATION ######## THAT MAKES ME GLAD I WENT INTO THE MANUFACTURING WORLD INSTEAD OF THE FINANCIAL SECTOR. WAT A CROCK OF ####. TOO MANY DUMB ##### WITH MONEY ####### UP THE MARKET.
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Ultimate Clemson Legend [103397]
TigerPulse: 100%
64
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Joined: 2002
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Heisman Winner [86887]
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Joined: 2004
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Media has been writing about this for two weeks.
Mar 9, 2020, 10:02 AM
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And people keep buying.
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CU Medallion [19865]
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Joined: 1998
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What do you think about coronavirus & shale oil bail outs?
Mar 9, 2020, 9:52 AM
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Small government, free market capitalism will be challenged by cries for big, federal intervention.
(And BTW I am not sure of what to think or what to do at this point especially given existing deficits, low interest rates and lower business tax structure. Liquidity doesn’t seem to be the problem — simple demand and supply relationships seem in question. Not sure the fix given the exsting issues.)
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All-TigerNet [12851]
TigerPulse: 100%
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let it sit in the ground until Russia runs out of oil
Mar 9, 2020, 9:54 AM
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or raises the price to a point that Shale is profitable.
It just like any business. As long as the price is low enough, no need to enter the market.
But Shale has effectively put a cap on the price of crude.
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Heisman Winner [86887]
TigerPulse: 100%
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lulz..remember the "Peak oil" idiots back in '03-'08?***
Mar 9, 2020, 10:00 AM
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TigerNet Immortal [168562]
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I made $20 off ClemsonPoker back then betting that
Mar 9, 2020, 11:41 AM
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the price of oil would indeed fall back below $100. He bet it would never happen again.
To his eternal credit, he didn't welch on the bet and paid up.
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Heisman Winner [86887]
TigerPulse: 100%
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Joined: 2004
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Thats more than some in P&R can say***
Mar 9, 2020, 11:45 AM
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Ultimate Clemson Legend [103397]
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But the market is reacting to the pain our domestic
Mar 9, 2020, 10:05 AM
[ in reply to let it sit in the ground until Russia runs out of oil ] |
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shale production and oil industry will face. I mean there are tens of thousands of jobs that probably went poof with that 25% drop last night in crude. Even without this price war shale would be hurting from the virus decreasing demand. But I still don't see the logic in what OPEC did (or didn't do).
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All-TigerNet [12851]
TigerPulse: 100%
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capitalism has consequences. Did we prop up the buggywhip
Mar 9, 2020, 10:15 AM
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industry when the car was invented?
There have been oil booms and busts throughout our history. this is the next one, not the first one nor the last one.
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Heisman Winner [86887]
TigerPulse: 100%
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If you are in that business, you know the ups and downs
Mar 9, 2020, 11:46 AM
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and especially if you work in the fields, are paid well enough to prepare for it.
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Ultimate Clemson Legend [103397]
TigerPulse: 100%
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Well, the oil market has never dropped 25% overnight
Mar 9, 2020, 12:03 PM
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Sure, it waxes and wanes. But this will hurt.
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Heisman Winner [86887]
TigerPulse: 100%
62
Posts: 59943
Joined: 2004
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Just checked 401K. I'm up $1,000
Mar 9, 2020, 10:08 AM
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since yesterday. Interesting.
I mean I'm down about $80K since two weeks ago, so this is not really a windfall.
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Ultimate Clemson Legend [103397]
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They probably just shifted gears.***
Mar 9, 2020, 11:26 AM
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Heisman Winner [86887]
TigerPulse: 100%
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They made some changes with it last week.
Mar 9, 2020, 11:48 AM
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So far, having them manage it is the best thing I've ever done. I have no doubt had i still been attempting to manage, I probably would have run it out of money.
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TigerNet Immortal [168562]
TigerPulse: 100%
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Yep, I finally looked today and I'm down about 3%. Compared
Mar 9, 2020, 11:50 AM
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to the market's fall that's a relief and makes my guy worth every penny I'm paying him.
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50
