I just searched this thread for DVN (Devon Energy Corporation) and see that I asked about this one back on 4/19/20. My money would be x3 now if I'd bought and held. They're one of the few that added rigs. Hindsight, ya know?
I'm still well into the green, but I would be quite a bit further ahead now if I'd let my March 2020 stocks ride. It helps me to remember I'm not nearly as smart a I think I am.
I think the April 1st OPEC meeting will have a lot of influence on the near-term future of oil prices. Seems like that'll be a pivot point heading into warmer days.
I just received a quote for some 304SS plate related to a job proposal, and there's a monster surcharge for the nickel component. The quote is good for a mere 24 hrs. Apparently nickel prices are in extreme flux.
Common share holders are the first and most likely to be screwed by Ch. 11. I... er... I mean... someone I know learned this the hard way a couple years ago. Those who sold probably ended up with more than those who wait longer to bail. YMMV.
I missed out on the GTE dip on Friday. I'm thinking about putting a chunk into CPE and letting it ride through summer. Basic logic tells me I'd be foolish to let cash sit in a bank savings account when it could be growing significantly in energy investments.
Are analyses like this (for CPE) even meaningful right now? Seems to me that using recent history to predict the near-term future for energy stocks is misleading at best.
https://research.ameritrade.com/grid/wwws/research/reports/viewreport?id=2942&documenttag=CPE&c_name=invest_VENDOR
I bought BKMP and CHUC through TD Ameritrade. I went through the process of qualifying for real-time price quotes, but I think there are other perks that came along with that. Maybe one of them is ability to buy OTC stocks, which both of these (and all of the other Fred Davis micro penny stock...