dow jones

[Wally]

Cutting oil supply during a covid crisis. Meanwhile, putting 1000's out of work. What could go wrong?

Biden’s Climate-Change Policy Targets Oil Industry

President Biden is planning on Wednesday to halt new oil and gas leasing on federal territory, setting up a confrontation with the oil industry.

www.wsj.com

 

[Up In Smoke]

Correct me if I'm wrong, but the majority of that oil is unusable in the states and is refined and shipped to China. If this is factual, doesn't that hurt them more? Transporting by rail will generate far more in labor incomes than pipeline maintenance. Locomotive and rail car manufacturing, railroad construction and maintenance produces high paying skilled jobs also.

 

[AwashBwashCwash]

Time to sell my GameStop, no need to get greedy.

Why would you sell you fool?
The short sellers contract is up on Friday and they will be forced to buy.
All you have to do is hold and it's free money.

 

[Up In Smoke]

Why would you sell you fool?
The short sellers contract is up on Friday and they will be forced to buy.
All you have to do is hold and it's free money.

This stock is moving to the extremes because of 54,000 15 put options purchased by Melvin Capital with July 16th expiration. I'm acting before I get caught. Selling at opening.

 

[Brownslave688]

Time to sell my GameStop, no need to get greedy.

After hours over $200

 

[IVE GOTTA PACKAGE 4U]

After hours over $200

 

[Up In Smoke]

Perfect example why the stock market is not the economy. This company is/was on the brink of bankruptcy, and now has a 15 billion dollar market cap.

 

[IVE GOTTA PACKAGE 4U]

Perfect example why the stock market is not the economy. This company is/was on the brink of bankruptcy, and now has a 15 billion dollar market cap.

It would be hard not to take a profit like that and walk away

 

[Up In Smoke]

It would be hard not to take a profit like that and walk away

I have 200 longs and 5 March calls options that I bought on January 15th @ 35.50. Sold some of the longs on Friday and some today. Selling the balance tomorrow and possibly close the options also. It's never profit until you sell.

 

[IVE GOTTA PACKAGE 4U]

I have 200 longs and 5 March calls options that I bought on January 15th @ 35.50. Sold some of the longs on Friday and some today. Selling the balance tomorrow and possibly close the options also. It's never profit until you sell.

That's a lot of money.

 

[Up In Smoke]

That's a lot of money.

I've never seen a move like this in 25 plus years of trading. Every time it jumped 10% I set a new stop/loss position, but the damn thing just kept climbing and the sales didn't happen. Having the call options as insurance makes all the difference.

 

[Brownslave688]

Perfect example why the stock market is not the economy. This company is/was on the brink of bankruptcy, and now has a 15 billion dollar market cap.

And it’ll crash to nothing. Just a matter of when.


Basically people hell bent on screwing shorters now. And people call bitcoin a scam. Lol

 

[IVE GOTTA PACKAGE 4U]

I've never seen a move like this in 25 plus years of trading. Every time it jumped 10% I set a new stop/loss position, but the damn thing just kept climbing and the sales didn't happen. Having the call options as insurance makes all the difference.

I really don't understand what the hell is going on it's getting a little spooky.

This is one of the stocks that I have I'm a portfolio and I'm not sure why it shot up so much today but I couldn't help but take the profit

 

[Up In Smoke]

And it’ll crash to nothing. Just a matter of when.


Basically people hell bent on screwing shorters now. And people call bitcoin a scam. Lol

I still remember watching Enron go from the 7th largest traded company to nothing in 10 months (2001). The saddest part is it took it's employees with it.

 

[Up In Smoke]

MSEX is being acquired by another company.

 

[IVE GOTTA PACKAGE 4U]

MSEX is being acquired by another company.

I like my water stocks but that one went up way too fast

 

[Up In Smoke]

I like my water stocks but that one went up way too fast

If the rumors are true, the premium is probably already baked in. Just rumor tho from a trading chat site.

 

[IVE GOTTA PACKAGE 4U]

If the rumors are true, the premium is probably already baked in. Just rumor tho from a trading chat site.

I was up almost $35 bucks a share

I had no problem taking a profit

 

[Up In Smoke]

I was up almost $35 bucks a share

I had no problem taking a profit

I typically take my investment out and let the profit ride, but when I catch a big one i'll some take profit too. I trade every day, so there are more nickel and dime days than anything else.

 

[Maple Grove MN Driver]

What GME did today was wild.

I bought in when it was up 25% today.
Wish I would have bought more than the 10,000 shares than I did today.
Going to dump it all at the opening bell tomorrow