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Well a China slowdown is essentially the same as any other large oil consuming country. A economic slowdown typically hits everything in a country. People don't work as much so there spending subsides. Once spending subsides then they don't catch a plane, drive to vacation, drive to work as much, go on a boat etc...... its an overall cumulative effect on an entire body of people which are gas users.
As an economy contracts everything contracts including oil usage.
Lol. Iran is a terrorist group. Who finances 90 percent of terrorism around the world. Iran is TOTALLY DIFFERENT than N Korea because of there religion. Iran wants nukes to bring the caliphate, the 12 imam. Iran will use the nuke against Isreal as there religion demands it to remove all non believers from "there land".
Yes, Isreal has to act so yes oil will skyrocket if/when Isreal attacks.
I just think it will be when new administration is in American office or when Iran is within weeks of nuke. Who really knows when that will happen.
Isreal won't strike until after next US election.......... or until Iran is within weeks of a nuke.
Well longs, I think this is a good lesson learned. I hope for most of you that it's not to expensive of a lesson. The writing is on the wall when a ceo sellsshares at .0020 that he doesnt care about any shareholder. That's why you never ever hold a pink stock....... there's a reason why they are pink. This is bottom of gutter type stuff here. I sold all positions as of yesterday of every stock I own (all are big boards) because market is gonna fall hard in upcoming months it would be wise to slowly liquidate any position in this scam company as well.
Remember we all make bad trades throughout life but if you learn from your mistakes it will make you a better more wealthy trader. Lick your wounds and go to companies that actually have liquidity and real profits.
Goodluck to all.
It's over orca.... its all for not.
ALL LONG WERE WARNED DAILY ON THIS BOARD THAT THE COMPANY IS A MAJOR POS! SADLY FOR YOU LONGS THIS WILL BE DOWN IN THE .000X VERY SOON.
I could see oil go to 35 a barrel but not lower. That would put this stock mid to high 70s...... probably high 70s...... imo
Well longs, I think this is a good lesson learned. I hope for most of you that it's not to expensive of a lesson. The writing is on the wall when a ceo sells shares at .0020 that he doesnt care about any shareholder. That's why you never ever hold a pink stock....... there's a reason why they are pink. This is bottom of gutter type stuff here. I sold all positions as of yesterday of every stock I own (all are big boards) because market is gonna fall hard in upcoming months it would be wise to slowly liquidate any position in this scam company as well.
Remember we all make bad trades throughout life but if you learn from your mistakes it will make you a better more wealthy trader. Lick your wounds and go to companies that actually have liquidity and real profits.
Goodluck to all.
UWTI is a 3x stock to oil but both are off by 3.xx%...... why is that?
Gotcha, I haven't pulled trigger yet either but it's really tempting to pull trigger soon.
Lol, doubt that. Could see .75 though
Geeeeze how low will we get. Tempting to load entire boat at these levels.
They can RS all they want. They need a 50 million cap.
Wow, wasn't thinking a selloff was gonna happen. Sold my 40k shares yesterday at $1.91 after upward movement stalled. Major downward pressure here.
Yeah, I'm wondering if we are on cliff of market crash. Trying to decide how much more to buy.
Break of $20 today?
So if the market starts to crash and the fear go's high this stock will move north?
We will break 2 bucks by tomorrow
Very very nice!
I'm going against my own rule.... holding all shares until after report.....
I'm not sure if that's good or bad......
Bulls and bears are rampant this morning. Volitily on the rise...... who's gonna win?
A little scary how UN-volitile this was today.
$2.00 today? Or are we stay below today?
40,000 shares at $1.86. One of the easiest trades out here. Will sell around $2.10 to $2.25.
Pushed north.... let's see if it continues.
Wonder if this is now bottom for this cycle?
Hurricane suppose to be in Caribbean by early next week.........
Getting hammered this morning. My $1.86s not looking to pretty right now ; (
ecently, the legendary investor made another number big bet in this space.
Cheniere and Icahn
Icahn just took a huge interest in another natural gas related company, Cheniere Energy (NYSEMKT:LNG). Cheniere engages in the liquefied natural gas (LNG) related business and operates through two segments, a LNG terminal and LNG and natural gas marketing business. This company plans to export natural gas from the United States all over the world in liquefied form. It has a market cap of $16.19 billion, a 52-week range of $58.10 to $85 per share and Icahn now owns 8.2% of the company. This company closed at $68.44 last Friday
We will be back over 2 bucks this week.
Reversal happening?
Just picked up 40,000 shares at $1.86. Hurricane busy season is here, a storm is brewing in Atlantic ;)
Wow, what's the story here? Taking a beating. Does this company have anything in pipeline? Are we oversold or still a falling knife? Is this toast?
This stock has a 25 million MC. Seems pretty low.
That's the info scottrade has on there site.
I'm showing SO at 65 mil. and float at 62 mil.
How many more shares does Tang have to convert? Anyone have a guess?