InvestorsHub Logo
Followers 30
Posts 6984
Boards Moderated 0
Alias Born 06/23/2010

Re: Lcbm68 post# 1908

Wednesday, 07/08/2015 2:32:48 PM

Wednesday, July 08, 2015 2:32:48 PM

Post# of 2188
What do you guess such a deal might possibly bring oil and oil stocks down to? Seems like 20-30% haircuts have occurred on several in less than a month.... Already! I recall SSN at 1.50 not long ago, so that one's lost 50% in short order. Margin calls? And China chaos seems to have a hidden story behind it -- sort of like US in 2008. Wonder if it is related to their challenge to the dollar as the currency standard.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.