The Rokslide Stock Traders Thread

@Broomd - What effect would an oil embargo against Russia have on our favorite tickers if Biden makes any such announcement today? Any thoughts on that?
 
just realized i have 7 shares of GTE in a very old Robinhood account LOL so i got that goin for me.
See you on the moon brother!

Anyone else here riding the VET wave? I believe it was around $10 when I first mentioned it here, it hit $30 and climbing this morning. That's in canadian pesos but I'm not complaining, between that and GTE I'm smiling today. Saw this article last week, no idea how credible the author is but my stop losses have been set, adjusted and readjusted, currently keeping me eyes on things and riding it out. https://seekingalpha.com/article/4491589-vermilion-energy-stock-shareholders-going-to-get-paid
 
Is it still worth getting in on PGAS or GTE?

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GTE still has potential but the risk is higher than it was a week or two ago. If things keep going the way they are 2.50 to 3.00 are not out of the question but it can change really quick. Depends on what level of risk tolerance you have.
 
GTE still has potential but the risk is higher than it was a week or two ago. If things keep going the way they are 2.50 to 3.00 are not out of the question but it can change really quick. Depends on what level of risk tolerance you have.
I'm losing money everywhere else, so may as well take a gamble!

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Yeah, but isn't WTI up another 8% today and looking to reach 150 or even $200 before this is over? Honest question.

I do not believe the ship has sailed.
This is one thousand percent uncharted territory though, we could see a wild run straight up for a couple more weeks or days, or over night this whole thing could crash and burn like the Hindenburg.
 
@Broomd - What effect would an oil embargo against Russia have on our favorite tickers if Biden makes any such announcement today? Any thoughts on that?
The obvious answer to me is that we continue the upward movement. This stuff is complex, way above my paygrade, but lack of supply puts more dependence on domestic supply. More drilling, more rigs online, more production. The SPR can only last so long.
The caveat is getting into bed with Iran, KSA, and other ME bad actors for more imports here and abroad.
In a sane administration and world, NATO would call on countries like ours for more domestic production for our own needs---and we'd outsource oil and NG to Germany and others. These euro-idiots had the ability to be more self reliant with nuke and shale production, but about 15 years ago their high priests of climate change nixed all of it.

Globally we're in deep sh t with energy, and it was all predictable to everyone here. Out there? Idiots.
 
Use your own risk tolerance. The best time to be in oil was months ago.

The old adage buy the rumor sell the news always seems to ring true for me.
Fair enough, and I agree. Go_deep is right on too. Just trying to garner wisdom.
UEC was on my list and I sold way early... crazy how one comment from Musk about Europe needing to get back into nuclear can send that one soaring... I think it's topped out now too but, I was wrong a few weeks ago, sooo???
 
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