I sold my gte too early awhile ago, still holding pgas and I think it has room to go yetIs it still worth getting in on PGAS or GTE?
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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.No, ship has sailed Oil and gas would be risky to enter right now. Most are up 50-100% in a few months.
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!just realized i have 7 shares of GTE in a very old Robinhood account LOL so i got that goin for me.
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.Is it still worth getting in on PGAS or GTE?
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I'm losing money everywhere else, so may as well take a gamble!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.
Yeah, but isn't WTI up another 8% today and looking to reach 150 or even $200 before this is over? Honest question.
Use your own risk tolerance. The best time to be in oil was months ago.Yeah, but isn't WTI up another 8% today and looking to reach 150 or even $200 before this is over? Honest question.
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.@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?
Fair enough, and I agree. Go_deep is right on too. Just trying to garner wisdom.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.