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Re: Whalatane post# 251021

Monday, 03/09/2020 5:29:08 PM

Monday, March 09, 2020 5:29:08 PM

Post# of 448139
I was going to respond in a similar manner - the crude oil crash is going to cause more financial problems that the virus - "experts" say it may go down to the $20's - nobody can make money pumping it at that price, it's not just the frackers that will get hurt. Everything energy related got slaughtered today, even LNG companies with no ties to crude got destroyed - so did my IRA's value, 2nd worst one day loss I've ever had, almost everything down -7% or more, 1/2 the positions down -10% or more. One more day like this and it will match the paper losses I suffered in Dec 2018 - and this is after nearly hitting an all time high in mid-Dec 2019 - a lot of it do to AMRN closing near $23 on that day.

The Thought Police: To censor and protect. Craig Bruce

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