The Rokslide Stock Traders Thread

The red line just keeps going down, down, down.....what are y'all buying?
I am really considering a long gamble on USO. they scrapped all their short term May oil contracts. They Restructured their buy philosophy completely (which was month-to-month) and now bought out long contracts in June (15% cap of fund), July 15%, August 15%, sept, oct, and so on. The interesting thing is oil futures are priced out to those months at the highest of $25/barrel in October. It’s like $21/barrel for July. I believe oil will rebound with limited production for limited companies (since a bunch are about to bankrupt). Hopefully those barrel prices increase to $40 or $50 a barrel this summer, since $18 right now is not sustainable. That fund could crush it with the long term contracts it bought now. I’m holding steady and my Magic 8 ball better be correct! 🥶
 
Im holding on to a few hundred shares of USO after selling a lot for a loss just in case. I thought the same thing so decided not to dump all of them
 
Im holding on to a few hundred shares of USO after selling a lot for a loss just in case. I thought the same thing so decided not to dump all of them
That reverse split freaked me out the other morning! But they couldn’t ride that edge and get delisted, made sense once I thought about it
 
Bought a few hundred shares of cdev at .90. and FET at lows. Lots of profit takers I assume. Its tough not sell with those drops. I usually do but decided to go all or nothing on CDEV and FET. WTF lives short. lol

Still up over 40 per cent.
 
Bought a few hundred shares of cdev at .90. and FET at lows. Lots of profit takers I assume. Its tough not sell with those drops. I usually do but decided to go all or nothing on CDEV and FET. WTF lives short. lol

Still up over 40 per cent.
hearin ya brother...
I bought 7K shares at .91 of CDEV...blew out my average of .41 but I wanted the even 20K shares.

The long game is $5 a share = 100K that's the big prize.
Now it's all about set and forget.....
 
Picked up some CPE. Watching to see what FET does. Didn’t pull the trigger on CDEV. Already heavy there and going to just sit on what I have for the time being.
 
At least my gold stocks are climbing now.

Hoping in an hour or so traders start picking up deals on oil stocks so can take some profits but its Friday so might not be likely

cmon CDEV start climbing
 
This is only my novice opinion, but there seems to be a lot of resistance on CDEV at around .087-.088 cents. I don't see it dropping below that point today........but I don't know shit about f**ck so.
 
Adding to core holdings....CEQP, GPMT, NYMT, ALLY, EPR--carefully, prices are up but the reality is the market has gained a lot of value, stocks may not return to the really low buy points.
Added 2K more FET, not 100% sold on this one, but after seeing penny stocks explode want to be posed for a move.

I say all this and on Monday my sheet could be worthless after a depression type scenario, oy...it's not for the faint of heart.
 
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I added a bunch more cdev on the dip...i believe in the long goals of this stock. If it hits that $3+ range eventually I'll be grinning ear to ear. Earnings will be reported early next week and i hope Along with many others it will begin the push after

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I just bought CDEV at .9594 and its headed down. Question. Whats a good price to put a stop loss? Where it auto sells?
I clearly have no idea what Im doing..
 
I just bought CDEV at .9594 and its headed down. Question. Whats a good price to put a stop loss? Where it auto sells?
I clearly have no idea what Im doing..
Patience. My biggest mistakes in this game were always due to lack of it.....can't be stressed enough.
I don't have stop loss for this one, that in essence takes away the incredible bargain we are all holding.
 
I just bought CDEV at .9594 and its headed down. Question. Whats a good price to put a stop loss? Where it auto sells?
I clearly have no idea what Im doing..
That depends on what you are willing to lose. I don’t “think” it will drop below .87 today. There is too much resistance at that price.
 
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