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From what I've heard it should not hurt the stocks.., so they say. They went on to say if it is a freeze it will definitely go up!
Did you see their news today? Up 49% today I am not in it but its on my watch
EXXI is getting help shows confidence in oil IMO.
Breaking wrong way. CNBC talking on oil they don't know many of them guessing. Damn hope this turns back up soon. Too much selling when it hit .60 hurt the uptrend
Such a huge wall around .60 is making it difficult to move up. The selling is hurting but can't blame people for locking in profits.., I still have a ways to go and I think this will go back up today charts about to go again
5 minute chart BB's tightening up again
Rigs were down today too. If you are up might be a good idea to take some profit just in case.., I wish I did when it hit .73
Yes its trading nice when it broke out of the BB I thought I called it wrong and it was going down. I am very happy with trading today there is a huge wall at .60 on L2.., just checked they got bought and more upside bid is now stacked looking really good. The market knows my other stock is up too
Mine too! I thought about it and honestly doubt they say anything until earnings then they will show their cards. I would really like to hear something now though would make me feel much better. The outlook for oil so far is between 40-60 if thats the case it will help many of these co's get through and recover from last year
On the flip side with the meeting Sunday do shorts want to hold their position? I know if it were me I would not want to get caught.
Believe me I have concerns over that too! I see so many co's and they leave investors in the dark they don't care about us. UPL has been around and was profitable when oil was lower I believe with some cuts they can again regain a profitable co. with oil remaining in the 40ish area.
I know this past year has been rough for them but they came around in 2000 or 2001 which oil was not 90 a barrel. I believe they can overcome this and God I hope I am right.
I believe we will get good news Sunday and then Boom time
Honestly I will be shocked if it runs tomorrow on a Friday but lots of people want to be in for the weekend they figure its worth the risk. BTW they dropped it on one 700 share sell to .52 hoping they pull it back up
UPL lots of volume AH and price at .59 good sign!
I know exactly what you mean, been there done that too many times. I got scared on CHK sold at a loss @ 2.20 and it went over 6.00 within a week it popped 5.00. They say the chart knows I just posted a 10 minute 5 day chart your thoughts on it? Maybe I am just being overly optimistic and don't feel bad I am holding at .67
Actually the 5 minute chart looks good BB are real tight we are siting right on the middle one. Looks exactly like it did 3 days ago and we went up the next day. Anyone else seeing this?
I am tired of all the games and selling at a loss only to watch them go up after I sell.., I am here for the long haul. I'll either do really good or lose it all. Here they go down down down.
Yes all I have on my watch list are even redder than this one.
Its no wonder people short they make it easy and cheap to cover. If we have to wait till the 28th to hear anything this is going back in the 30's and it makes no sense with oil up this should at least hold its own
Management sucks! They have had the perfect opportunity to speak up and help the co. SUNE did the same thing to shareholders I wish I would have sold could have bought back in much lower.
The bid is so stacked and they will not budge so then ask drops to fill. People are just scared I believe we will be fine especially with oil holding up so well.
Lots of volume after hours from .55 to .62
Also lots of talk about Oil and energy on CNBC Peabody did file for BK but they are mainly a coal co. They made the remark oil is not going back down will help out many of the oil companies that it was worried about so overall today I think the news trickling down is good.
lots of 1,000 and 1500 blocks being bought maybe they will jump in tomorrow
I would not want to be short on this.., People talk about being scared to hold over the weekend I feel more confident holding than if I were short here, I would be in a panic
CNBC talking about oil right now. They believe they will cap production to Jan.'s level and Kent Moores from Energy Capital said oil should be held in 42-45 range is what they believe
I swear with those stupid feeds they put out they scare people, and I think many don't believe oil is going to hold. If the company would at least say something positive people would jump in just like with CHK. Instead they are saying this is a worse crisis than 2008.., beware! Funny how people react to anything they read. The shorts are relaxing and this should bite them when we get good news..., today would be perfect timing
BB bands are tightening about to squeeze one way or another
Dow Jones Newswire they just put out another one they are trying to stop any run. I doubt it will work
Yes it sure is and should remain bullish still a lot of shorts on this stock that need to cover too!
Bearish on oil? After what they have said on CNBC okay. I am holding here its going up over a dollar
can't copy its on my news feed on TDAmeritrade its not working now the short squeeze should continue to push it. They put it out on all of the small oils
Unreal DJ news feed they are trying to stop this
Just was looking through some stocks and came upon this one. Its listed as a banking stock on here, and its an energy stock and has good upside with oil up, gonna dig a little deeper. I think people might miss this if they are looking up energy stocks right now. I just don't know?
Well the last time it ran it started at .18 and got up to 1.47. I am in at .67 look back at March 4th. ER will make a difference and so will the restructuring that they are doing. I believe we get that news on the 28th but my gut tells me we will break a dollar tomorrow and I hope I am right this might last a few days before settling too.
Yes and very short on this too. 36,797,394 shares short as of 3/31 24.8% of shares outstanding. The shorts have had this so beat down. Check out the video I posted from CNBC that states oil rising for next 2 years confirmation of uptrend to last is huge they also stated that Russia and Saudi Arabia reached a consensus on Tuesday about an output freeze and that the final decision will not depend on Iran. This news should keep the shorts away normally if oil is up and it spikes they rush in and short it more I doubt that happens this time
Looks like you will be fine, I have learned to be patient never had experience with energy or oil stocks before. Its been a learning experience and a nerve racking one too. Sold a couple and lost big time they all turned around. I really believe we will get through resistance especially after that video. I am excited about the rest of this week
Great news we should get lots of attention tomorrow!!
Looking real Good! Tomorrow should be an excellent day that is long over due for UPL!!