Boiler Room: The Official Stock Market Discussion

[无名的]

I wouldn't touch it at least until oil prices settle and letting their share price settle too. But its not like off shore drilling is going anywhere. Let me look at it some more. How leveraged are they?

Apparently the dividend suspension will save them 2 bil a year but the dividend was one of the more attractive things about the company. Let me get back to you. I'm going out to the bar.

Edit: I looked at the first page of this thread I mentioned that I used to own this stock

I'm always tempted when I see an oversold stock like this that is down so much off the high and there are LEAPS. I see 2017 deep, cheap out of the money calls like

I saw NUGT in the 9s 3 weeks ago and kicked myself today for hesitating after seeing it almost double already.

 

[Domingo Halliburton]

Like I said off shore drilling isn't going anywhere

 

[无名的]

WTI at $72.75

 

[Futuristic Eskimo]

WTI at $72.75

 

[Domingo Halliburton]

WTI is hitting 65

Saudis want a 1980s price war

 

[Domingo Halliburton]

...

 

[无名的]

Hit a low of $67.75... down about 8%.

I'm going to cry in my turkey.

 

[Futuristic Eskimo]

WTI is hitting 65

Saudis want a 1980s price war

Well got that one wrong so far.

 

[无名的]

Oil stocks getting massacred. I went from $23 in summer to $11 today. I planned on holding long term, but good God this hurts to see.



Down 25.3% today.

 

[88m3]

not a happy time for small oil companies

 

[Ohene]

I'm always tempted when I see an oversold stock like this that is down so much off the high and there are LEAPS. I see 2017 deep, cheap out of the money calls like

I saw NUGT in the 9s 3 weeks ago and kicked myself today for hesitating after seeing it almost double already.

this is how I fee about PWE and TLM breh
but look what woulda happened if a man went in months back (quote this post)

still stacking up and monitoring them

 

[Ohene]

edit

 

[Futuristic Eskimo]

Oil stocks getting massacred. I went from $23 in summer to $11 today. I planned on holding long term, but good God this hurts to see.



Down 25.3% today.

Was too quick to call a floor here. Im hedged a little bit with some consumer discretionary bets but not really

 

[无名的]

Was too quick to call a floor here. Im hedged a little bit with some consumer discretionary bets but not really

I'm down over 10k right now.



But I still bought calls on the price drop.



I'm not worried... As long as EPE doesn't go bankrupt.

 

[Domingo Halliburton]

Buy the airlines to hedge, christ....why are you playing oil