(03-09-2020, 08:05 AM)kblake Wrote: RIP OXY..... Wow this is at $16 right now. Unbelievable!
Commodity based stocks are by far the most difficult. You can't even dream how low the bottom can be when it all goes to hell. I suspect some here think I have been trolling oil with all my warnings. This is the third time this sector has ripped my face off. It's just not nearly so bad for me this this time because I've seen this movie before.
Please stay away from anything that might go BK if this goes on for a year, even if it goes 50%+ off recent prices. I truly hate to see folks get hurt. This isn't about "I told you so". If I pizz you off with my attempts to save you some from the falling knife, I'll just have to live with that.
GLTA