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Eri 19.35 +$1.44 +8% so overlooked I'm holding my shares for a while. Casinos will open gov talking $2000 per month per person over 16 for 6-12 months casinos will fly
3.5 high will it breakout today. Rendisumer toxic festivals not good and the drug trump was pumping kills your liver then u very bad. If major media spot light gets on this, super chub will get super boosted
VERB PROGRESS REPORT 1.38/.092 RS ADJUSTED. down over 97% from OTH HIGH $3.04. VERB UPLISTING HAS BEEN A GOOD LEARNING EXPERIENCE OF BELIEVING IN THE UPLIST FANTASY. NO MILLIONAIRES FROM HOLDING VERB THRU UPLIST. THE WIDGET is faulty
What ur missing is the contango chart and contract roll. May ng was 1.81 when finviz rolled the chart to June Thursday night June was 1.95, a sizable .14 contango. June is bleeding down toward the may price 1.81 that is a 7.7% difference between may and June multiply that by 3 and you get a 23-24% drop in ugaz vs gain in dgaz and NG will still be 1.81 back where it started. Right now ng is 1.857 it may or may not go all the way down and close the contango gap, but it is being tested. Ng bottomed at 1.51 early April and has been making higher highs and higher lows forming an upward channel. ng is in a reversal when ng frt month closes above 2.02 most will see the reversal some may not.
Translation breakout pressure continues to build as NG makes higher high higher lows. Common guys dont you know what time of the month it is? How many times have I explained contango and the effect it has on 3x UGAZ/DGAZ as the contract rolls and contango unwinds. It can be seen in the hourly finviz chart. The chart rolled, see the gap up that is the contango gap when the gap is closed or tested consider it unwound. Basically the price of ng will be the same but ugaz will have dropped 3x the percent of that gap frt to fwd month which ugaz is already trading. Then on 5th trading day ugaz will start rolling to July which is priced higher as well. Ng is a complex trade, with much risk not for everyone.
Never let a good crisis go to waste. Last 4 months have been money making op after another.ERI is looking very good right now 8m loaded up ready for Da Casinos to open. A friend of mine I texted this morning premarket that DNR was .47 5am his time. I had repeatedly him target was .448sh on the 50ma. He waits till its. 32 after pull back if he should sell. Geez then he sold and ask me what was good to buy I told him eri 16ish he waits till it hit 18 asks again. I initially bought eri at 9 flipped it when it went to 20. Bought it back 12s sold again when it went back to 20 been buying 15s while it consolidated. This next run should break above 20 cause the herd is showing up. This could be time to buy n hold some of your position.
As soon. As casinos start talking opening dates this will be in $20s
Jr I'll tell what it means Third Day In Play Collect Your Pay. I sold dnr at the .44 target I've been telling you about for days and weeks then I rolled some of it into Eri @ $16s. I just bought some .33 dnr back on the gap closer test for an intraday bounce play. That means I likely wont be holding those share very long.
It's been a good trade this last move took longer than the previous 2 runs
Dnr .32+50% ON FIRE JR
I agree my son graduating from college in may bought a sizable chunk of ET Which he plans in holding long term. He is so far ahead of the power curve when it come to building financial independence.
DNR .31+44% ON FIRE UP 90%+ From .16s 2 days ago. If it breaks above .32 target .44.
Higher highs and higher lows upward pressure building. Crude up 20-30% today has spotlight may mute ng moves near term.
Dnr .277 +.06 coming off the double bottom looking good
specifically own it no later than tomorrow you get .93 per share quarterly dividend. At current price 13.69% annual. Debt/equity 67% bit high. Feb price was $78 dropped to $12 now $27, 50ma $42, 200ma $63.Large gap down $60to$47ish. Analyst targets $32-$70s. IMO will at least run to the 50ma likely to the bottom of the gap or into the gap near term. Long term price of crude will be back in the $50 and OKE will be back $60 paying almost $4 per share per year in dividends. If you sit back and reinvest the dividends before you know it you will have many many more shares. I just bought the house next to mine today (cash) from the estate of the guy I bought my house about 20yrs ago. We worked a verbal agreement over 10yrs ago after he passed I would have first chance to buy the house. He kept his word and put it in writing attached to his will. In that discussion he said he was going to donate the house for a tax right off because he was paying over $250k per yr in taxes on just his dividends which were taxed at 15% at the time. I asked him how he made all his money, he said he bought oil companies and banks mainly that paid good dividends and let them reinvest never selling a share. He donated one of his bank stocks held in perpetuity to provide scholarships just on dividends. It was paying for 10 students a year to go to college. I made very good money on APT Lake and mainly AHPI playing the corona run up now Im putting that money to work in many different solid companies that are steeply discounted and pay good dividends. Unlike the neighbor I wont have to pay any taxes on dividends cause I only trade in Roth IRAs
NG is building pressure for breakout move. All ng related energy stocks will benefit from it. With crude so cheap means less exploration less associated gas,lower ng supply higher ng prices when ng just came off a low 1.52 we haven't seen since 1995. Great time to be in energy
Ng 1.94 ugaz 35.92 upward pressure continues to build
When NG gets above $2.02 most will be able to see ng bottomed and reverse. That's most but not all. The ones that dont ought not be in NG at all
I also have a self directed checkbook ira which has complex rules including ubti gotchas. Im buying companies with gains made in the stock market. I can let et go, simple is better.
Prudent capitalist could u elaborate a bit. I only trade in roth IRAs. I bought 8 energy companies when they dropped a few weeks ago with intent to hold them. Et will be paying 25% annual dividend based on my entry. OKE is very good as well without tax paperwork from hexx
$16 crude dipping below 12 overnight, NG 1.95 continues to show strength. Above 2.02 reversal should be clear to most.
Faulty widget Delayed again cause they wanted to focus prs on coronavirus verblive won't work either. Will require endless fixes as they by time for the next crisis to come along
U can always just shred those complicated K1s
Ther was 30% plus contango may to June crude contract. When the volume of frt month contract decreases below the fwd month contract the chart is rolled to fwd month. That happened last Thursday. You can see the contango in the big gap up from 19 to 20. See finviz hourly chart. The volume of the may contract drops off as expiration nears. Think of it as late to leave bhers still hanging onto may while everyone else is focused on June. The contango unwound from Thursday thru today testing the previous level 20ish now 21. CNBC focused on the wrong thing today what will they say when all 9f a sudden crude is $20s. They missed the big play in this, NG. NG bottomed 1st week of April switching to a long trade. Today ng closed 1.92 on strength at April 8 high, currently 1.94. When it gets above 2.02 the bottom and reversal will become evident to most. Ng is moving on anticipation of less associated gas, soon it will be moving on anticipation of a long hot summer. Good time to be in energy sector.
All the focus is on May crude contract selling off as crude contango unwound today. CNBC cant seem to understand that everyone is already focuse on June. No one has even noticed that NG bottomed and is in the midst of a ever increasing intensity reversal. Nice move big move for NG/UGAZ today. $1.92 back at the high with strength. Get above $2.02 and all the Gurus will figure out NG bottomed and reversed. NG trade is long and has been since first week of April.
A person doesn't need to know when to by ng all they need to know is when u say it's going lower it's time to go long. If u say it going higher than it's time to sell. You provide valuable info to traders keep up the good work its good to have you on the team.
The clue is in your post. It's all about anticipation of events with ng not so much with actual results. The trade with ng has been to the short side for months that has changed to long side now. The herd just doesn't know it yet. They will figure it out when ng makes a move above the upper trend line. 1.52 couple weeks ago was the low. $20 crude was a gift these ops come about once every 10-20 years. I bought 8 energy companies when they bottomed a few weeks ago. Solid dividend paying companies. Take et for example going to pay .30 qrtly dividend in may. At my entry $4s, 6%, 25% annually. Dividends may go away temporarily but I'm set for the long term with these 8 companies. For ng play dvn clr. The whole super hyped corona virus crisis has been massive trading ops and wealth building ops. The stimulus checks are being blown on big screen TVs toys and lottery tickets. I was at Walmart couple days ago and saw tvs heading out the door like a mini black Friday sale. For a lot of people this is the most cash they have ever had at one time. I asked the manager at a gas station to let me know if he noticed a big increase in lottery ticket sales. Yesterday he said a guy came in several times checking his account balance on the atm, once the money was in the account he bought $200 worth of expensive lottery tickets. Hell be back to blow the rest human nature doesnt change. The casinos know this and are chomping at the bit to open there doors to these soon to be broke again. I went home and rebought eri yesterday just below $15. I also rebought HTZ gonna need a rental car to get to the casino. Everything is related in this wonderful crisis. Thank the dems, gloom n doom mayor cummo his brother, the entire CNN and MSNBC crazies for their inaccurate projections and fear fanning.
Worst ng call of the week,month,year
VERB PROGRESS REPORT PPS $1.48/RS ADJUSTED.098 DOWN 97% FROM $3.05 OTC HIGH.
All my ng related energy companies have been rallying hard for last week and just took bbn off on today's report ET, DVN, MRO,CLR.
Tracks an index made up of equal weighted COP,CVX,EOG,HES,MPC,OXY,PSX,VLO and XOM. I GOT ME SOME OF THAT TODAY $2.7-.8s
Thanks go to stockcharts and request symbol for it. It's not being looked at they dont chart it
IMO the most important thing right now is NG has gone from a short trade to a long trade. For the most part this has gone unnoticed in part due to c19. Give it a week or so and ng commentators will be declaring a bottom. But we already know that occured last week. Of the 8or9 energy companies I bought the 2 best performers are NG heavy DVN CLR. We'll see what happens when trump's puts a tariff on imported oil. The oil plays should make up lost ground quickly. Whole sector has 2-4 bagger potential.
Nclh 12.73+26and ccl 12.74 +24.5% trading within Penny's of each other and 1%. Both gapped up to 12.3ish from 10 close.
With ng trade it's all about the anticipation of the event. I heard its gonna be a long hot summer as well. Could run out of ng by August
I agree slower recovery especially with suadis dumping crude to destroy small us oil companies. I dont think trump will sit back and do nothing while 1000s of oil jobs are lost. I think he will tariff imported oil. He should put a tariff that increases .50 per business day until imported crude is $55 per barrel. Then let the suadis and Russians come up with reasons to continue this old game. I bought 8 oil company stocks when crude was $20 some down 80%.Dvn big ng company in OKC, ET just announced a .30 quarterly dividend 6% from my entry price whopping 25% per yr if I hold.After flying 100s of evacuaties during Katrina, mostly poor I learned what they do with stimulus money. Run to the casinos and blow every bit of it. With no eviction capability these people aren't going to pay rent with that money. ERI owns lots of casinos buying Ceasars fell from 70 to 6 bounced to 20 then slid to 10 up 30% today,13 still a great entry. I can still hear them chanting as we were rolling down the runway. IM GOING TO THE CASINO OM GOING TO CASINO