The Rokslide Stock Traders Thread

[Spoonbill]

I appreciate the recommendation...but per the description;
"VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, Cote d'Ivoire, and Canada. It holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.

The company also holds 100% interest in the Eastern Desert, which contains West Gharib, West Bakr, and North West Gharib merged concessions covering as area of approximately 45,067 acres, as well as Western Desert, which contains the South Ghazalat concession covering as area of approximately 7,340 acres located in Egypt. In addition, it holds 27.4% non-operated working interest in CI-40 in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. Further, the company owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets covering as area of 49,100 gross acres of developed land and 28,900 gross acres of undeveloped land located near the north of Calgary, Alberta; and a 60% working interest in an undeveloped portion of block P offshore Equatorial Guinea"
---

I'm going to stay away from the energy companies with a huge % of African continent holdings. Sure they could boom but it's a chit show over there with rogue warlords and such- thus too much risk for me.

I'm thinking there is a demand for the Nat gas power plants but there doesn't seem to be a clear winner besides GEV- which is at a very high valuation right now.
I was in MLPX and sold it. It did OK but it was more of a high dividend hold with lower returns.

That is a concern I had too, so I don’t own a lot of the stock but with Russia Europe relations being what they are, my thought was Africa could be an alternative supplier.

 

[MountainTracker]

Jobs reports came out and they were positive.

They’ll be revised down. Word is the Nov numbers will be released a few days after the Fed meeting causing some to believe there will not be a cut in Dec, due to not “having enough data,” which is probably adding to some of the sell off.


Sent from my iPhone using Tapatalk

 

[Crowmangler]

Buyers will be back tomorrow, I suspect.

since it's the 3rd Friday of the month (high volume of options expirations) there will definitely be greater volume & probably higher volatility.
It could get very interesting (good or bad)

 

[Jesse Jaymes]

I bought $250 of a penny stock in my at the time Scottrade account, on the recomendation of an acquaintance back in 2014. Forgot about it for 3 years, logged back in and it was worth $2400. That $2400 has turned into a 5 figure account just being invested in ETFs and whisper and rumor stocks over the years. Im looking to start being a little more active and aggressive with it now.

Sent from my SM-S931U using Tapatalk

I dont have ANY cool stories like that. Mine are the exact opposite. Go You

 

[eddielasvegas]

I had my numbers mixed up a little. NVIDIA earnings were 58 BILLION.
31.9 billion as profit.
Still pretty hard to comprehend the scale.

You still have your financial terms mixed up a little too. Revenue is not earnings.

Earnings and profitability are often synonymous, but not always.

Revenue and sales are often synonymous too, but not always.

NVDA revenue was $57B for Q325.

NVDA earnings was ~$32B for Q325.

A truly amazing quarter no matter how you slice or dice it. Heck, it would be an amazing year for just about any company on the planet, but NVDA is a league of its own for now.

My reply was not meant to be a post but to be accurate as details matter, especially when it come to finances.


Eddie

 

[ETtikka]

A few months ago, ai was sending this market to the moon, nvda has insane earnings and market sells off hard

 

[MuleyFever]

A few months ago, ai was sending this market to the moon, nvda has insane earnings and market sells off hard

Thats what they earned in the past. The market is forward looking.