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Please enjoy this 15 minute intermission
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Please enjoy this 15 minute intermission


Mar 9, 2020, 9:38 AM

Your selling will resume in 15 minutes.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Wat are you talking about? We selling fawsets hear like they


Mar 9, 2020, 9:46 AM

fawsets.


Tired of all this BS speculation in the markets.

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lol...the stock of a company that hasn't made any money


Mar 9, 2020, 9:49 AM

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


badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

what are the chances they get hit by CV-19


Mar 9, 2020, 9:52 AM

slim.

BUY BUY BUY BABY

flag link military_tech thumb_downthumb_up

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 ]

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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Defunct and out of business. Lol.


Mar 9, 2020, 10:01 AM [ in reply to lol...the stock of a company that hasn't made any money ]

https://www.marketwatch.com/story/this-stock-has-scored-the-biggest-boost-from-the-coronavirus-outbreak-but-the-company-has-been-out-of-business-for-years-2020-02-27?mod=mw_quote_news

SOmeone will make millions off this. And the victims will be the same people who cause spam to exist in your inbox.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Media has been writing about this for two weeks.


Mar 9, 2020, 10:02 AM

And people keep buying.

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

What do you think about coronavirus & shale oil bail outs?


Mar 9, 2020, 9:52 AM

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.)

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

let it sit in the ground until Russia runs out of oil


Mar 9, 2020, 9:54 AM

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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lulz..remember the "Peak oil" idiots back in '03-'08?***


Mar 9, 2020, 10:00 AM



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I made $20 off ClemsonPoker back then betting that


Mar 9, 2020, 11:41 AM

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.

2024 orange level memberbadge-donor-20yr.jpgringofhonor-obed.jpg flag link military_tech thumb_downthumb_up


Thats more than some in P&R can say***


Mar 9, 2020, 11:45 AM



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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 ]

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).

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


capitalism has consequences. Did we prop up the buggywhip


Mar 9, 2020, 10:15 AM

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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If you are in that business, you know the ups and downs


Mar 9, 2020, 11:46 AM

and especially if you work in the fields, are paid well enough to prepare for it.

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

Well, the oil market has never dropped 25% overnight


Mar 9, 2020, 12:03 PM

Sure, it waxes and wanes. But this will hurt.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Just checked 401K. I'm up $1,000


Mar 9, 2020, 10:08 AM

since yesterday. Interesting.

I mean I'm down about $80K since two weeks ago, so this is not really a windfall.

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

They probably just shifted gears.***


Mar 1, 2020, 7:25 PM



2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


They made some changes with it last week.


Mar 9, 2020, 11:48 AM

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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Yep, I finally looked today and I'm down about 3%. Compared


Mar 9, 2020, 11:50 AM

to the market's fall that's a relief and makes my guy worth every penny I'm paying him.

2024 orange level memberbadge-donor-20yr.jpgringofhonor-obed.jpg flag link military_tech thumb_downthumb_up


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