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Re: doinit post# 48

Thursday, 05/13/2021 1:15:01 PM

Thursday, May 13, 2021 1:15:01 PM

Post# of 3283
Having sold my oil and gas exploration company back in 2009, for $30M dollars, I understand the nature of the discovery. The problem remains the government with its licensing requirements and the nature of Biden administration, the assumption that we are going into a recession brought on by an emphasis on government spending and less innovation by capitalists and the wokeiness that is rearing its head and people like Musk saying things like he won't except bitcoins for products because they require too much fossil fuels, and on and on is a huge downer. Having oil and getting it out of the ground and sold at a profitable price is very, very, very difficult, especially when OG companies stand the chance of being punished for producing oil. If the stock were more liquid, I would get back in as a swing trader, but not now.
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