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Yes, it indeed sucks.
But hindsight is 20/20. Woulda shoulda coulda. No use crying over spilt milk. etc etc
Two weeks ago JNUG was trading over $100.
Oh, how the mighty have fallen.
Game over, man. Game over!
JNUG entering reverse split territory. That's the only thing that might save it from going to $0.
It's going lower as I type. Gold is really hated right now. It's as if precious metals caused the virus.
Silver might slip into the $14s. Palladium is plummeting fast, too.
https://finviz.com/futures.ashx
Picked some up this morning. Buy fear, sell greed and all that.
I'll go down with the golden ship at this point.
Junior miner major disconnect!
It got hammered all right, but JNUG took it the worst. Down 60 percent in one day.
Talk about carnage.
That would apply more to silver than gold, but silver is also getting slammed. Silver eagle coins sold a record amount (the US Mint sold them out) and yet the price goes....down with increased demand. Sure, industrial silver will take a hit, but the gold-to-silver ratio is way, WAY out of whack with nature.
Gold is stabilizing right now...let's see if that holds into the open.
Gold getting spanked again tonight--a lot more red tomorrow...most likely.
Even with a massive QE, the market is still dead.
I am--only because I didn't want to take the loss. I may as well hold until oblivion--which is where it is anyway. That's what I get for gambling on this crap.
It's almost unbelievable. Something tells me fraud of major proportions is going on....or did a big derivative blow up? JDST was down AH too today.
I got in and got slammed. Just my luck.
Now we'll see massive and endless QEs...time to buy here. Now or never!
Not a bit crazy. Just crazy.
Typical putrid garbage pumped and then mercilessly dumped on the gullible. Going to no bid in nearly one day.
It will get more ridiculous--this is pure trash. Going down for good this time.
Green market didn't last long.
Yeah...time to cover. Shorts can't always win, lol
Many thousands of elderly die of the flu every year. Sure, it's sad, but this flu variant is also being used to generate inordinate fear in a presidential election year. Zika, Ebola MERS, Swine, Avian, Sars, on and on. The coronavirus is being used because people have not been sufficiently terrified of their bogus 'climate change.'
This is over. Period. End of story.
Gonna need a lot more fear porn for that to happen. No, this is going much lower--back from whence it came.
Turn out the lights, the virus party's over. The virus isn't nearly as bad as painted. They pretended it was the black plague, but in reality it was just another flu strain.
Sell this junk and don't look back.
They're all imploding across the board. As bad as the oil sector did yesterday.
This is still yet another example of a one-day pump and dump. Get out and stay out or stay away. This will be in trips by EOW.
Yes it is--they pretended it was as bad as the black plague and in reality it was a big nothing burger.
Yes it is--they pretended it was as bad as the black plague and in reality it was a big nothing burger.
Yeah, I agree with your thinking on this. Tomorrow will be an up day for sure (but not for UVXY, of course).
Looking for bounce tomorrow. Way, WAY oversold.
Markets should bounce tomorrow....maybe a chance to get back in here.
YEP--oil and gas will all be worthless soon. You'll be able to fill up your tank for free. All oil and gas companies are going to zero and CHK will see bankruptcy first.
SELL!
.32
SAD!
Just....sad.
I wish I hadn't touched it when I got some at $14. But...10 years of losing on UVXY if I didn't sell it always taught me to take profits.
Maybe this is the way for them to institute their ridiculously expensive 'green new deal.' Make oil going away by collapsing the price to $20 bbl.
Illogical? Well, the GND is illogical, so there ya go.
I sold +10 today. Just can't see the markets going straight down. Might see a bounce tomorrow.
I was thinking the same thing, lol
Good thing gold is a safe haven and the miners are racing up. Oh wait.
No.
They always say that in times of crisis and fear is drummed up to the highest flames--nobody wants to buy bargains for fear of getting burned.
Sure, the entire sector could go bankrupt, but the greater the risk...the greater the reward.
84 lousy cents a share.
Wow. Just....wow.
Didn't the government provide subsidies to keep US oil companies afloat during the last oil collapse?
Oil is down 22 percent. CHK could see a dime this week.
In which case, I'll be buying more.