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Read that last line...' This means even the smallest accident can and will send oil prices to the moon.' https://www.zerohedge.com/commodities/millions-barrels-us-emergency-oil-reserve-sent-abroad-including-china
SDRWW getting perky @.08
I believe in miracles. 3 months to go...
Ok, still learning warrants and glad i found this board, thanks
Thanks Ernie, but doesn't that make it 1 & 1/3 shares? each unit consisting of one Class A ordinary share and one-third of one warrant
C'mon Honda, you're supposed to tell us BEFORE they run, lol
KIIIW don't see the 1/3 warrant in that post 2105 Or is it in that ' subject to the adjustments' clause?
Never could understand how a co files for BK and the shares/warrants rise substantially. What am I missing?
Part of the everything bubble. the bitcoin, gold & silver stocks also are down hard. What is still good? Certainly not BBBY, lol
Again, thanks. Sold half, riding freebees. let's see where it goes. .084
'The Western politicians and the whore Western media have lied when they say Russia invaded Ukraine.' Thank you Paul Craig Roberts for straightening that out.
Lost me at ' ignoring sanctions and a murderous regime waging an unprovoked war on Ukraine' Sounds like the Martens drank the koolaid. Probably have an 'I back Ukraine' flag waving in their yard.
Nice call Ernie, glad I joined you, double already!
Hows about 500 BILLION reasons why...Outstanding shares
493,002,741,330 as of 06/29/2022
Lots of variables can turn this abound in a heartbeat. China makes a move on Taiwan, Iran & Israel turn up the heat, Russia starts dealing with NATO aggressively, etc. Crazy times. Poked the bear, now poking the dragon...https://www.zerohedge.com/geopolitical/we-must-learn-lessons-ukraine-send-more-weapons-taiwan-earlier-uks-truss
And here is the punchline: at the current record pace of SPR drainage, one way or another the Biden admin will have to end its artificial attempts to keep the price of oil lower some time in October (or risk entering a war with China over Taiwan with virtually no oil reserve). This means that unless Putin ends his war some time in the next 5 months, there is a non-trivial chance that oil will hit a record price around $200 - precisely the price the White House is bracing for - a few days before the midterms. While translates into $10+ gasoline. https://www.zerohedge.com/commodities/white-house-quietly-modeling-shock-200-oil
Thanks, joined you with 10k sh yesterday. GLT US
Looks really good, thanks Ernie
Amazing that the Ws are 20X the vol of the stock. Do you know off hand the exp of the Ws?
Something cooking? Got some volume today.
Getting more serious by the day...https://www.reuters.com/world/europe/fire-broke-out-russias-novoshakhtinsk-oil-refinery-2022-06-22/
How so? ' The Company has experienced net losses and significant cash outflows from cash used in operating activities over the past two years, and as of December 31, 2021, had an accumulated deficit of $23,809,110, a net loss for the year ended December 31, 2021 of $274,631 and net cash used in operating activities of $74,784.
The Company expects to continue to incur net losses and have significant cash outflows for at least the next 12 months and will require significant additional cash resources to launch new development phases of existing products in its pipeline.' Also have some mean convertibles and I don't mean cars, lol
C'mon Carl, SD can be yours for $45 a share!
'My world is so much more clean today than it was back in the 60’s', totally agree Fink. My 1st car was a 68 GTO convertible bought in 70 for $850. Hung out with other guys that had muscle cars, we used to take out the plugs and clean em and set the points weekly. And I remember changing the air cleaner almost monthly it got filthy fast.
Looks like the only thing that got grilled is us!
Ready with a big net @ .02
' Should have known when Cramer said to buy energy.' Bet that cuck was shorting while telling all to buy.
Good play.
Your kidding? They just pass it on to us.
Hmmm, not a peep from Xl175 in over a week.
276 more?
Is the dream over?
LNG and OIL not joining the sell off. LNG = $9.15 OIL = $ 121.16
Kunstler sums it up perfectly, 'They want to kill you and your children too' Chem trails in the air, fluoride in the water, GMOs in he food, vaccines, planned shortages of food and vital necessities etc, etc Read # 1 on the Georgia guide stones, bring the population down to 500 million, they don't even pretend to hide it!
Would of been nice to get those .0013s...Day's Range: 0.0013 - 0.015
Well, I'm kinda glad it's not today during this broad market sell off.. Hope it's on an up day.