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.
The latest news is something to laugh at. Hero will be well over one dollar by September 21st.
Also, the Iranian situation won't affect the price of oil for six months because the oilfields haven't been taking care of and will take many months to get them to the point where they can produce.By that time oil will be way up anyway.
Announcement of the bailout money can come any minute, Everyone knows Greece will get the money. NBG can move up 15 to 25% overnight. Don't be left out.
We'll see oil price recovery: Pro
CNBC.com 03/30/15 10:14 AM ET
Fadel Gheit, Oppenheimer and Co.
He mentioned in the videot I watched that there's double the chance of oil going up...
He also said the oil situation in the US is not as bad as it looks...
News everyone wants to hear.....
Hedge funds increased their bets on rising Brent crude oil prices last week to their highest since July 2014, exchange data showed on Monday, in a sign large speculators are positioning for a possible rebound.
Money managers increased their net long positions in Brent futures and options by 7,585 contracts to 193,196 in the week to March 24,
Expenses for hero will be minimal..... not much money will be lost if some of the rigs aren't working...
Don't forget the cost is nothing to shut them down and to layoff personnel until things turn better.
Greece has money till April 20th.... lots of time before they get the bailout money....
ATHENS/BRUSSELS (Reuters) - Greece and its international creditors continued talks through the weekend on reforms to unlock loans and Athens sounded an upbeat tone, but the lenders said it could take several more days before a proper list of measures was ready.
Greece will run out of money by April 20 if it does not secure funding from its European partners, a source familiar with the matter told Reuters last week.
Super good news 35 minutes ago....
Greece has sent its creditors a long-awaited list of reforms with a pledge to produce a small budget surplus this year in the hope that it will unlock badly needed cash.
Better buy in
Real time quote. .4924 X .4944
Crude oil now over $52
OT: oil up over $3 today......
If you have extra money pick up some HERO...
This year it was up over $5 and it's $.48 now
In Thursdays news from Greece:
Greece is optimistic about reaching a deal on economic reforms with its euro zone peers early next week, unblocking urgently needed funding, its economy minister said on Thursday.
After talks with EU leaders including German Chancellor Angela Merkel in the past week, Athens said it would present a package of reforms to its euro zone partners by Monday in the hope of unlocking aid and avoiding bankruptcy.
"I believe that at the beginning of next week we will have an agreement on the package of reforms the Greek government is proposing, and on the funding of the country,» Economy Minister George Stathakis told Antenna TV.
What about the ones that were taken out at 1.22.....
Crude oil hit $50.48 in after hours...
Look for a nice jump tomorrow
Crude settles up 3.6% on weak dollar, Yemen conflict
5 Hours Ago
Reuters
PLAY VIDEO
U.S. crude settled 3.6 percent up at $49.21 a barrel on Wednesday as a weaker dollar, fighting in Yemen and speculative buying boosted prices
Or an article on this:
Commission President Jean-Claude Juncker told the European Parliament he had been «very pessimistic» about Greece in recent weeks but now believed its bailout process was back on track.
"I have to recognise that I was very pessimistic during the last weeks because there was no progress whatsoever,» Juncker told the European Parliament.
"But now we are back in a normal process and I do think that we can come to a conclusion that will be both in favour of Greece - we love Greece - and the European Union,» he said.
Don't listen to all the BS but out by some writers.They're trying to get their articles out to make money...
Why don't they write an article on this:
The ECB slightly loosened its leash on Greek banks on Wednesday, increasing the amount of emergency cash they can borrow from the Greek central bank to above 71 billion euros, from 69.8 billion previously, a banking source said.
Anyway,for those of you who sold and want to get in a stock that will do very well buy HERO .....
Oil has dropped drastically lately and this company has machinery that they rent out to oil companies.
It was over $5 a year ago and it's down to 40 some odd cents
Stop losses..... what did I finish saying in my last few messages..... you put in
stop losses and that's what happens...... now the people that put them in and sold in the $1.20s now have to rebuy in the $1.30s if they want in again..... like I said when you have a stock that could move up quickly do not use stop or you will lose by having to pay more to get back in
Oil up 4 straight days....draw the lines on the graph and it signifies an uptrend coming..
I said I was going to buy either at .40 or .75 and yes I bought at .40
Good news : The President of European Parliament Martin Schulz estimated that an agreement will be reached by the end of week in order to provide emergency funding assistance to Greece.
Mr. Schulz told Italian newspaper La Repubblica that the Greek government will have three months to present a credible, detailed and definitive plan of reforms.
When asked whether a truly sustainable agreement can be reached, Mr. Schulz responded that the possibility is “approaching 100%”
Greek public holiday today
I disagree when it comes to stocks that can go up quickly.....
and NBG is one..... like I said if you're stop loss kicks in there could be a quick rebound in stock price and you'll have to pay more to get back in.... in the case where you want to put a stop loss and make some money and then not get back in that's fine
Stop loss is okay sometimes.But with NBG I don't think it's a good idea..... I say this because your stop loss might kick in and then if there's an instant rebound you'll be paying more to get back in....NBG is well underpriced so I'll just sit tight
Going to be a little boring the next few days but when Greece gets their money by end of week or Monday up we go
Bad news for hero :
Houston-based Schlumberger, the world's top oilfield services provider, said oil prices could increase in the second half of the year as it expected global industry spending on exploration and production to drop 10 percent to 15 percent in 2015.
Global oil prices will likely trade between $35 to $40 dollars per barrel by the end of the second quarter, according to one of the world's leading oil experts.
Speaking to CNBC at the 18th annual Credit Suisse Asian Investment Conference on Monday, Fereidun Fesharaki, chairman of FACTS Global Energy (FGE), warned that prices could even dip beyond those levels for a brief spell.
"Actually, there is no floor to the price of oil. The oil floor is the cash cost of shale, which is about $20-$25, so it can go as low as that but it won't stay there," he said.
U.S. and Brent crude prices were trading at $46 and $55 respectively, during Asian trade on Monday.
Moreover, the outlook may get worse if a nuclear deal materializes between the U.S. and Iran. The two countries are currently engaged in talks to reduce Tehran's nuclear programs in exchange for lifted sanctions. As a former energy advisor to Iran, Fesharaki believes there's an 80 percent chance of a deal before the March 31 deadline, which could see a further $5 drop to oil prices.
"As part of the deal, Iranians would like to increase their oil production to the pre-sanctions level, which is 1.2 million barrels per day higher… Within 3-6 months, they will be able to ramp up production, so its bad news for the market which is already jittery."
Nikodash | iStock/Getty Images Plus
Don't expect anything from OPEC
Experts widely attribute oil's ongoing rout to the refusal of OPEC (Organization of the Petroleum Exporting Countries) to reduce production, specifically powerful members like Saudi Arabia, the world's largest crude oil producer. Fesharaki doesn't expect that to change anytime soon despite the pain that current prices are causing to poorer members like Venezuela.
Read More8 commodity trades on oil's slide
"They [Saudi] are willing to cut but only if everyone else cuts too, including shale producers and the Russians," he said.
He also noted that the total cost of producing crude in Saudi Arabia is around $3-5 per barrel, compared with a minimum of $40 for shale producers.
"The only real cost that you have is the cost of enhancement or recovery to keep the flows going. Places like Saudi Arabia, you don't need to do much to keep the flows going, it all flows naturally," he said.
A member of the National Petroleum Council, Fesharaki also dismissed any long-term strain lower prices would have on the budgets of major Gulf producers like Saudi Arabia: "The budget issues in the Middle East are not the same as they are in the U.S., Europe or Asia. If they have less money, they spend less money, so there is a lot of flexibility."
Susan Li
Anchor, CNBC
Nyshka Chandran
Assistant Producer, CNBC Asia-Pacific
by TaboolaMORE FROM CNBC
Cramer Remix: I'm making a bold call on oil
Oil tanks on surprise rush in US supply, imports
Cramer Remix: Oil news you've been waiting for
US could go into recession in 2015: Expert
Why oil decline could get ugly again soon
This is the price point to beware for falling oil
by TaboolaSponsored LinksFROM THE WEB
Bank Turns Down Local Man for Car Loan... He's Laughing Now!
Canada Drives Quotes
In Scotland, We're Turning Wind into Watts
Scotland.org
These 31 Builders Made Mistakes That Will Leave You BAFFLED. Ridiculously Hilarious.
ViralNova
9 ISIS Weapons That Will Shock You
The Fiscal Times
Up almost 7% in Greece
Up 3% in Greece as of now
Sell you house and cars and buy nbg because
you'll be able to buy bigger ones very soon....
Here"s why :
1)Russia is willing to help Greece if they leave the euro zone.
2) the United States will not let Russia help Greece and they will give the money needed to Greece.
3) if euro zone does not give in to Greece they will go after the $340 billion that Germany owes Greece for war crimes.
4) the whole world will be after Germany to give Greece their $340 billion war money,
5) everyone wants Greece in the euro zone.
6) Greece has over whelming leverage against Germany in all scenarios
NBG at $50 a share.... could happen quickly....
Here's the news they could make it happen ::/out just a few hours ago......
In recent weeks, the new government in Athens led by radical nationalists has resuscitated old claims against Germany for 20th-century atrocities committed in Greece by the Nazis — damages a Greek auditing office estimated could run as high as $340 billion, coincidentally enough to wipe out Greek debt.
In an interview Thursday with CNBC.com's "Futures Now," the Commodities King said that a combination of a rapidly rising inventories and a strong dollar could lead to $15 oil by the end of the year.
"For months I've said that crude oil is heading from the upper left to the lower right of the chart," said the CNBC contributor and editor and publisher of The Gartman Letter. "I wouldn't be surprised if oil went down to about $15 a barrel."
Crude oil prices have been in a steep and steady decline over the past six months, down more than 50 percent trading just above $40 a barrel. Traders had hoped an improving economic picture in both the U.S. and Europe could give crude a lift.
PLAY VIDEO
At the start of February, crude staged a sharp and violent rally off its lows. But according to Gartman, there simply is too much supply to contend with. As such, he expects future crude rallies to be met with a similar fate.
"That is not how a bull market is supposed to act," he said. "That is how a bear market acts."
I have no position in Hero... but I do have a position in NBG which I think is a much safer bet at this time...
I'll buy Hero at .40 or .75 either position will be safe
I post oil news from around the world....
Whether the shares of Hero go up or down is anybody's s guess...
Active oil rigs down 43% from October to March....
It will only get worse
$2 next week is not out of the question ...
All good news coming from Greece...
"If Iranian oil returns to market, price of crude would drop another $10 a barrel:"
This is a line from the latest news
NBG will have a nice climb next week
He careful because all indicators point towards oil going down till at least May when OPEC meets again....
And then they still might leave things to flow as they may... pardon the pun
Up 17% in Greece ....Hope you held your shares
Up 7% in Greece....
Alexis Tsipras, the country’s prime minister has promised reforms in a couple of days
which will unlock the money Greece needs