The Rokslide Stock Traders Thread

[Kilboars]

Bad news. Basically a billion dollars in dilution.

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Sounds about right:-/

Thanks


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[Wrangler13]

You PR’s hit your stop losses this morning?

 

[Broomd]

You PR’s hit your stop losses this morning?

100% nope, if I used a stop loss I'd be long gone and wouldn't have made any real money here.

We've all seen this time and time again, not going to stress it. This stock is worth $12 minimum.
Not trading advice, just my .02.

 

[BWlongbow]

Last week was fortunate to catch Lowe's stock before it went up $17. Did okay for a change.

 

[String&stick]

anybody else read about Morgan Stanley's chief economist projecting up to a 24% drop in the S&P 500 through the front end of 2023 putting it between 3000 and 3300? They think it will rebound by the end of 2023 but drop pretty hard early.


Any thoughts from those with a lot more insight than I have?

 

[Broomd]

EIA -wk ending 25 Nov.
Crude: -12.580M
Cushing: -0.415M
Gasoline: 2.769M
Distillates: 3.547M

Crazy draw!!

 

[Bucky]

WOW thats a massive draw. i haven't been playing the oil game for a while since my latest gains. you all still hanging on to any oil stocks? This market doesn't have a lot of faith in it for me. Almost rather just keep paying off debts

 

[safarihunter]

EIA -wk ending 25 Nov.
Crude: -12.580M
Cushing: -0.415M
Gasoline: 2.769M
Distillates: 3.547M

Crazy draw!!

What exactly does that mean?

 

[Broomd]

WOW thats a massive draw. i haven't been playing the oil game for a while since my latest gains. you all still hanging on to any oil stocks? This market doesn't have a lot of faith in it for me. Almost rather just keep paying off debts

That includes a 1.4mm SPR release as well! Crazy numbers.

Still holding here, $12 is the sweet spot for PR for me. Trying to hang on.

 

[Broomd]

What exactly does that mean?

That means 12mm barrels of oil were drawn down from supply--that's a huge figure.
Basically says that there is plenty of demand (especially with the holiday) which = stable or rising O & G product need and stock prices. If demand were way down prices would presumably fall.

It's all about supply and demand.

 

[NDGuy]

WTF was yesterday. Nothing Powell said seemed positive. Stay the course, mission not accomplished etc

 

[WiscoHoundsman]

Ruger announced a nice special dividend of $5/share. Wish I would have bought more over the past month.

 

[Marshfly]

WTF was yesterday. Nothing Powell said seemed positive. Stay the course, mission not accomplished etc

Market reactions to Fed announcements aren't good vs not good. They are expected vs not expected. Everything he said was "same course." Also pretty much confirmed 50 basis points in the next hike.

That said, my opinion is that that little rally will be short lived. People got excited but nothing changed. Also, SPX hit the top of the downtrend we have been bouncing down all year.

 

[go_deep]

Ruger announced a nice special dividend of $5/share. Wish I would have bought more over the past month.

Good lord, I owned 100 shares of RGR in the late 90's, wish I never would have sold that. Probably just went drinking for a weekend with the money.

 

[BWlongbow]

Dollar General opened down $25 per share yesterday. I got on board after the drop. It is headed back up today. Time will tell if it makes it back

 

[Broomd]

Dollar General opened down $25 per share yesterday. I got on board after the drop. It is headed back up today. Time will tell if it makes it back

Missed that drop and announcement here yesterday...

 

[Broomd]

LKNCY - Luckin Coffee killin' it @ $22.91, should be relist coming very soon.
Been a long hold.

Not a big fan of CCP stocks, my one exception--have shared this one in the past here.
When a company has 8k stores--adding about 20 a week, there's serious revenue at play. Was holding for $23 and $18K profit, will extend that to $33 given relist hasn't even happened.

Really curious as to IPO price at this point, this stock was $40-$50 pre-delist (fraud) and with 1/3 the stores.

 

[eddielasvegas]

PR is down to $9/share and well off its recent high of ~$11.50/share.

If it drops to $7, I just might have to back up the truck. Well, I don't have a truck, but I do have a Miata so that'll have to do.


Eddie

 

[safarihunter]

Anyone have any insight into GTE lately? It basically held steady for a while around $1.30, now has been on a downward trend since mid November. But everything I read about it is still positive

Gran Tierra Energy Inc. Provides Operational and Financial Update

Ecuador Exploration: Charapa Norte-1 Well Producing at Average Rate of 1,188 BOPDColombia Exploration: Rose-1 Well Producing at Average Rate of 305 BOPDBought Back 15 Million Gran Tierra Shares of Common Stock for $20 Million Since September 1, 2022 CALGARY, Alberta, Dec. 05, 2022 (GLOBE...

finance.yahoo.com

 

[aftriathlete]

Anyone have any insight into GTE lately? It basically held steady for a while around $1.30, now has been on a downward trend since mid November. But everything I read about it is still positive

Gran Tierra Energy Inc. Provides Operational and Financial Update

Ecuador Exploration: Charapa Norte-1 Well Producing at Average Rate of 1,188 BOPDColombia Exploration: Rose-1 Well Producing at Average Rate of 305 BOPDBought Back 15 Million Gran Tierra Shares of Common Stock for $20 Million Since September 1, 2022 CALGARY, Alberta, Dec. 05, 2022 (GLOBE...

finance.yahoo.com

I think it's the same thing happening to all O&G stocks right now. The Russian price cap anxiety is gone, price per barrel is way down, so all the big names are down in the last month -- PR, EOM, CVX, OXY, GTE, etc. Graph I saw I think on Zero Hedge the other day showed the huge spread between O&G stocks remaining elevated way more than they should be compared to the price of crude, so I suspect that gap is closing as the energy stocks are falling out of favor with institutional investors betting on a recession. Also the end of year dynamics play a role too -- lots of reason to sell and book profits as the calendar year ends.

Edit: Who knows man, all stocks are just casino bets at this point.