Boiler Room: The Official Stock Market Discussion

无名的

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Just noticed that EPE is below 3.00 (now at 2.98). This stock was around the 20.00 mark about 18 months ago I cant believe it took a dive like this.

This is a good time to buy I am going to purchase 3000 shares.

I'm down $18,000

:jbhmm:

Oil has more downside. RBS predicted $16 a barrel.

RBS Warns: Sell Everything

They also said sell everything.

I'm out.

My short options are expiring worthless. Can't predict the market. Lesson learned.

:dame:
 

Domingo Halliburton

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From Wall Street Jesus :heh:

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Domingo Halliburton

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Sauds might start paying people to take barrels to bury shale. To say this has been ruthlessly effective would be an understatement. Question is when all the bankruptcies come.

well the way credit performed today it looks like a 44% chance of some major energy bankruptcies this year.
 

无名的

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well the way credit performed today it looks like a 44% chance of some major energy bankruptcies this year.

I think the Street understands, but I don't think the average person understands the ripple effect these bankruptcies will have on the economy, while they cheer low gas prices.

Meanwhile, a study showed people were taking gas savings and spending it on premium gas.

:mjlol:
 

Domingo Halliburton

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I think the Street understands, but I don't think the average person understands the ripple effect these bankruptcies will have on the economy, while they cheer low gas prices.

Meanwhile, a study showed people were taking gas savings and spending it on premium gas.

:mjlol:

Yeah there was some thread in HL a few days ago where everyone was bytching about the government and the very unlikely possibility of them stepping in to intervene in these energy companies. A little ironic when this forum full of socialists that doesn't mind the government controlling everything else.
 

Domingo Halliburton

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Lending tree, lending club and on deck all plunging today. I know On deck doesn't keep the loans on their books they sell them off but these lenders deal with the most subprime companies. Wonder what's going on?

And I want to know who buys these piece of shyt loans?
 
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