Moving the Shrimp to Fiji, if the plan works.
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.
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.
Mr. Boogaloo doesn't know that game. He thinks he's still a Wall Street CEO, not a penny stock has been.
I'm guessing they already have a lot of shares to sell. Only question is: "To Who?"
Weekly decline line on the continuous CL contract. If it breaks that, I can talk about a $59 target.
I'm kinda watching the turn in the XLE. Doesn't look good for the shorts. I could be early.
http://stockcharts.com/h-sc/ui?s=XLE
I miss the good old days. Where is my 7% gain?
It could stop here for weeks. Put a big handle on the cup. I still see a quicker trip to $49 (edit: oops) bbl.
49 will probably be the September contract since August is expiring next week. Might settle near there. Holding long, but ready to hedge or reverse it. Prefer the short, since DWT just collects cash on every expiration cycle.
I'm seeing it up to 49. Might have some trouble at the 200. OPEC isn't helping.
Cleared the 50 on my Real Time CL quote. A few more pennies gets us here.
http://stockcharts.com/h-sc/ui
Should be a bit of short covering, or squeezing.
I want to see it explode through the 50 day before the close today.
A few touches already.
Doesn't make any sense to me, unless they have an offer on the table. A market for higher priced shares won't magically materialize.
The reverse isn't very practical anyway. They have plenty of shares in the A/S to issue for cash or exchange, AFAIK.
They can. They did it before. Not a full redemption.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11237476
Even with the current A/S, they can begin redeeming the TEUCF for shares and strongly dilute the common.
They did a deal for some of them, but not really a drop in the bucket. Probably another round of that is coming.
It's really strange to see BxA on it.
Do you know what TEUCF is? Box owes me some money.
OK, What's up? I am showing a bid and ask on TEUCF?
This is getting interesting.
JB's new Twitter handle is Boca Raton. Direct translation: "Mouth of the Rat." Idiomatically, "Thieves Inlet (or cove)" Both seem to fit.
I take it you weren't one of the buyers, then?
I have no idea.
Got a pump from somebody on the 12th.
http://tuckermantimes.com/active-stock-on-watch-energy-edge-technologies-corp-eedg/199067/
Our guy put some time in with Gladys Knight Chicken and Waffles, but that's not him. It's another guy with the same name.
If you Google James Boyd Chicken, this one shows up, not our guy.
New video of James Boyd cooking Chicken and Waffles.
I think it depends on how much debt will be forgiven by the CEO. His back wages are substantial, AFAIK. I'd get him on the phone before I made a move. Possibly some toxic converts are still out there. Rehab will cost a lot more if this thing gets suspended.
I'm adding some UCO against my DWT. Hedging. Contango out of the picture for a few weeks.
Seeing a possible support at $17.18
Looks like 4:30 EDT, on my chart.
I got mine.
$18.80 ish. If Fed spikes it there. IMHO. Right shoulder.
i called it, but only to myself, and of course I sound like a broken record. I thought the 50 day would top it. BB's finally held it down. Still could rally. Trend isn't really broken, just bruised.
I thought the gasoline draw was a bit small for Memorial Day, but what do I know?
To Death Cross, or not to Death Cross. That is the question.
http://stockcharts.com/h-sc/ui?s=%24WTIC
I have a hunch that the reason we don't have large inventory builds is because we don't have tanks to fill. It's all sitting offshore, waiting for a draw. Using the tankers for storage.
Yeah, it was a good day trade, but longer term is playing against me.
I was actually thinking that line was a little lower, and this decline would have started sooner.
And still thinking that if/when the 50 breaks, we might yet hit $35 bbl.
It really should hold this line, with an upper wick by the close. Where's Max pain today? $18?
That should do it. Otherwise, I might have a revision.
https://s.tradingview.com/x/HzJznVPh/
Both the right and left shoulder were the 50 day MA.
We should at least retest that before going much higher, IMHO.
Actually, it looks awful.
The neckline was right at 17.18 on Tuesday. The breakdown took it pretty low on Tuesday night. Where have you been all week? That post is a few days old.
Anybody know what the tanker backlog is looking like?
TIA
As I like to say: Oil doesn't bounce, it flows.
Might just sit here in a pool on the floor for a few days.
Broken Neckline. Double bottom breakdown. A few more downticks to confirm. Then maybe we see 35 again? Nasty looking chart.
Big Sale on Chain Saws today.
He seemed to suggest he was trading it all the way down.
Ride it, trade it? Either way. He made some money.
I'm sort of partial to the Cummins JV, myself. Aux power is kind of boring. I like big trucks and forklifts.