(03-13-2020, 12:26 PM)divmenow Wrote:

(03-13-2020, 12:20 PM)fenders53 Wrote:

(03-13-2020, 12:12 PM)divmenow Wrote: OHI is like a sinking ship, market is up big and it’s down almost $2. I wonder if they can continue to pay that high divined? Nursing homes are getting hit hard.   No position yet. Just watching and thinking lol

It's fear trading.  I own WELL with confidence.  It's damn near cut in half with price targets that are a double from here.  You know what to do, buy a couple shares today and keep an eye on it lol.

Why don't I just buy a couple of shares each of the best 50 Stocks. This way I'm covered and can hope to make $100 on each stock in 2-3 years lol. OHI I will wait for $15. The Conrona Virus isn't go away tomorrow is it lol

(03-13-2020, 12:28 PM)MikeWa Wrote:

(03-13-2020, 12:12 PM)divmenow Wrote: OHI is like a sinking ship, market is up big and it’s down almost $2. I wonder if they can continue to pay that high divined? Nursing homes are getting hit hard.   No position yet. Just watching and thinking lol

Most REITs are sinking, but especially healthcare or senior-house related. Below just few on my watch list.

(03-13-2020, 12:17 PM)vbin Wrote: @fenders53 I haven't touched my oil other than what I bought last week. Oil will go up, $20 ain't sustainable, the question is 6months, 1 year or 2 years. Like u said, low oil prices kill low oil prices.

(03-13-2020, 12:53 PM)fenders53 Wrote:

(03-13-2020, 12:17 PM)vbin Wrote: @fenders53 I haven't touched my oil other than what I bought last week. Oil will go up, $20 ain't sustainable, the question is 6months, 1 year or 2 years. Like u said, low oil prices kill low oil prices.

You are correct, $20 oil is definitely not sustainable.  We need sustainable $50 oil.  How is the gonna happen with your Corona/recession thesis?  Majors were dropping like a rock well south of 50 a barrel.  I no longer see a path.  Only good for trading and a small gambling position.  Admitting I made a mistake early enough is usually good for my portfolio's health.  Had I bought a major at this weeks prices, all would be well, but I missed by months along with most every active poster here.   I'm pretty confident in that statement.

(03-13-2020, 01:20 PM)vbin Wrote:

(03-13-2020, 12:53 PM)fenders53 Wrote:

(03-13-2020, 12:17 PM)vbin Wrote: @fenders53 I haven't touched my oil other than what I bought last week. Oil will go up, $20 ain't sustainable, the question is 6months, 1 year or 2 years. Like u said, low oil prices kill low oil prices.

You are correct, $20 oil is definitely not sustainable.  We need sustainable $50 oil.  How is the gonna happen with your Corona/recession thesis?  Majors were dropping like a rock well south of 50 a barrel.  I no longer see a path.  Only good for trading and a small gambling position.  Admitting I made a mistake early enough is usually good for my portfolio's health.  Had I bought a major at this weeks prices, all would be well, but I missed by months along with most every active poster here.   I'm pretty confident in that statement.

If trump really wants. He can do the same he did with China. Just put tarriffs on oil and boom overnight oil prices go to $50. U.s.a hardly has 20-30% oil surplus.

I don't think he is going to do that yet becouse cheap oil helps with economy. For short term there is pain but I am not convinced to take a loss on oil majors. This is going to  rebound one or the other way.

(03-13-2020, 03:08 PM)fenders53 Wrote: Green-Green-Green!  It's been a long time since 100% of my stocks were up for a day.  Hope that makes some member weekends better.  I bought nothing since the close yesterday.  Buckle up for next week.  

(03-13-2020, 03:21 PM)divmenow Wrote:

(03-13-2020, 03:08 PM)fenders53 Wrote: Green-Green-Green!  It's been a long time since 100% of my stocks were up for a day.  Hope that makes some member weekends better.  I bought nothing since the close yesterday.  Buckle up for next week.  

People were suckered into buying today.. Sell it all 

I did some buying right before the close NEM and FNV

I know no one here buys gold but this sector just hit new highs and was sold off to raise cash. I'm excited to get the prices I did

Did some late buying and finally own a oil. Bought RDS.B as well as BEP and DUK

(03-13-2020, 01:27 PM)fenders53 Wrote:

(03-13-2020, 01:20 PM)vbin Wrote:

(03-13-2020, 12:53 PM)fenders53 Wrote:

(03-13-2020, 12:17 PM)vbin Wrote: @fenders53 I haven't touched my oil other than what I bought last week. Oil will go up, $20 ain't sustainable, the question is 6months, 1 year or 2 years. Like u said, low oil prices kill low oil prices.

You are correct, $20 oil is definitely not sustainable.  We need sustainable $50 oil.  How is the gonna happen with your Corona/recession thesis?  Majors were dropping like a rock well south of 50 a barrel.  I no longer see a path.  Only good for trading and a small gambling position.  Admitting I made a mistake early enough is usually good for my portfolio's health.  Had I bought a major at this weeks prices, all would be well, but I missed by months along with most every active poster here.   I'm pretty confident in that statement.

If trump really wants. He can do the same he did with China. Just put tarriffs on oil and boom overnight oil prices go to $50. U.s.a hardly has 20-30% oil surplus.

I don't think he is going to do that yet becouse cheap oil helps with economy. For short term there is pain but I am not convinced to take a loss on oil majors. This is going to  rebound one or the other way.

He has MANY times stated he wants cheap oil, and cheap gasoline.  It's here.  Paying frack worker unemployment benefits no big deal.  Just put it on our deficit tab.  Some other Prez can deal with it later.  Oil will rebound to $40-45 by late summer.  Not good enough for my failed oil investment thesis I once had.  I'm the bear now lol.

(03-13-2020, 04:28 PM)vbin Wrote:

(03-13-2020, 01:27 PM)fenders53 Wrote:

(03-13-2020, 01:20 PM)vbin Wrote:

(03-13-2020, 12:53 PM)fenders53 Wrote:

(03-13-2020, 12:17 PM)vbin Wrote: @fenders53 I haven't touched my oil other than what I bought last week. Oil will go up, $20 ain't sustainable, the question is 6months, 1 year or 2 years. Like u said, low oil prices kill low oil prices.

You are correct, $20 oil is definitely not sustainable.  We need sustainable $50 oil.  How is the gonna happen with your Corona/recession thesis?  Majors were dropping like a rock well south of 50 a barrel.  I no longer see a path.  Only good for trading and a small gambling position.  Admitting I made a mistake early enough is usually good for my portfolio's health.  Had I bought a major at this weeks prices, all would be well, but I missed by months along with most every active poster here.   I'm pretty confident in that statement.

If trump really wants. He can do the same he did with China. Just put tarriffs on oil and boom overnight oil prices go to $50. U.s.a hardly has 20-30% oil surplus.

I don't think he is going to do that yet becouse cheap oil helps with economy. For short term there is pain but I am not convinced to take a loss on oil majors. This is going to  rebound one or the other way.

He has MANY times stated he wants cheap oil, and cheap gasoline.  It's here.  Paying frack worker unemployment benefits no big deal.  Just put it on our deficit tab.  Some other Prez can deal with it later.  Oil will rebound to $40-45 by late summer.  Not good enough for my failed oil investment thesis I once had.  I'm the bear now lol.

He played very well then becouse he just announced we will be buying oil for strategic reserve, they can keep buying a million barrel a day for next 2 years. That's wonderful.