The Rokslide Stock Traders Thread

[Okhotnik]

Picked up a few thousand more CDEV yesterday at around .34 and added to NUGT, UNG and JNUG yesterday. Pretty good day.

I did pick up some USO and violated a common rule of not researching the company enough before purchasing it not calculating the high fees associated with purchase. I can sit on it but down obviously today and trading stopped. Should have waited. PATIENCE grasshopper

Anyway Live and learn!

 

[rob86jeep]

Picked up a few thousand more CDEV yesterday at around .34 and added to NUGT, UNG and JNUG yesterday. Pretty good day.

I did pick up some USO and violated a common rule of not researching the company enough before purchasing it not calculating the high fees associated with purchase. I can sit on it but down obviously today and trading stopped. Should have waited. PATIENCE grasshopper

Anyway Live and learn!

I don't believe USO is a company though. I think it's a fund that follows several different oil companies, but I don't know too much about it.

 

[back country]

I don't believe USO is a company though. I think it's a fund that follows several different oil companies, but I don't know too much about it.

USO actually tracks the front-month oil futures contract, not the spot price of oil. The prices for spot oil and USO have been reasonably close in the past, until the market imploded.

I'm basically paraphrasing this article, I'm not really that in the know about USO, but I did learn a few things by reading: https://www.cnbc.com/2020/04/21/ret...esting-in-crude-oil-get-a-rude-awakening.html

I was close to buying some a few days ago thinking I was jumping in on a good deal, until I read this...now I'm steering clear of USO, at least for the foreseeable future.

 

[AKBC]

What do you guys think about SPDR? Any other gold ETFs you like?

 

[WesWainscott]

Any idea why WLL jumped so much today? I thought people were staying away from it?

 

[Okhotnik]

I don't believe USO is a company though. I think it's a fund that follows several different oil companies, but I don't know too much about it.

Yep correct

 

[Broomd]

I will gladly send you a $100 gift card to any restaurant of your choice if we see $3.00!!!

Ha! You're on. Let's hope we all enjoy that ride to 3!

I did pick up some USO and violated a common rule of not researching the company enough before purchasing it not calculating the high fees associated with purchase. I can sit on it but down obviously today and trading stopped. Should have waited. PATIENCE grasshopper

Anyway Live and learn!

Appreciate your candor with that. We all have those buys that we look back on with regret.

 

[Conroy]

I had CDEV that I bought last week for $0.27. I sold it today for $0.37 thinking it was going to drop. I made some and lost some. Too chicken to ride it out

 

[Okhotnik]

Any idea why WLL jumped so much today? I thought people were staying away from it?

I bought a 1000 shares last week .30 and am kicking myself for not buying more. It was on my watch list for past month. I know that quite a few big name investors like it. Its one of the those cheaper stocks you can gamble on and not lose a lot of money.

https://snapshot.fidelity.com/fidresearch/snapshot/landing.jhtml#/news?days=&category=&sb=&st=&san=&sc=&storyid=202004220432DOWJONESREALTIME002670&symbol=WLL

 

[Okhotnik]

Ha! You're on. Let's hope we all enjoy that ride to 3!



Appreciate your candor with that. We all have those buys that we look back on with regret.

I owe you a gift card too. Really appreciate the tip

 

[YotehunterNV]

New to the forum! As a small weekly trader I thought I would throw out what I am grabbing.
ABBV,RTX,PSX,MO,PTY,PCI,SCHD,EPD. Been lurking for a while and decided to join!

 

[Brightwhite]

New to the forum! As a small weekly trader I thought I would throw out what I am grabbing.
ABBV,RTX,PSX,MO,PTY,PCI,SCHD,EPD. Been lurking for a while and decided to join!

Welcome to Rokslide! Not the best place for stock advice to make money, but a great place to make you spend money on gear!

 

[Zoso5150]

I recommend ‘How to make money in stocks’ by William (Bill) O’Neill, he wrote several, your local library probably has a copy. It really opened my eyes in what to look for in a stock’s behavior. It uses technical analysis (trends/patterns) rather than number crunching P/E ratios and such. To me it was a much more interesting way to look at stocks because it focuses on price action. First, learn to read a candlestick chart.

 

[YotehunterNV]

Welcome to Rokslide! Not the best place for stock advice to make money, but a great place to make you spend money on gear!

Thanks, yes I can see that. Personal I have no problem spending $$$ we only live once and we need to enjoy what hobbies a individual might have. Hunting, trapping and just being out in nowhere Nevada is what puts me and my family at peace!

 

[dieNqvrs]

Picked up a few thousand more CDEV yesterday at around .34 and added to NUGT, UNG and JNUG yesterday. Pretty good day.

I did pick up some USO and violated a common rule of not researching the company enough before purchasing it not calculating the high fees associated with purchase. I can sit on it but down obviously today and trading stopped. Should have waited. PATIENCE grasshopper

Anyway Live and learn!

USO issues K-1’s. Educate yourself about holding through month end!! You won’t want to! Total sham/scam stock. Stay away, there are many other ETF’s that one could use to get oil exposure.

 

[Brightwhite]

CDEV is running in pre market! Dang!

 

[KurtR]

I bought INO about a month ago and it is taking off last few days. I think it will crash again just need to find the right time to get out

 

[ORHunter]

I bought INO about a month ago and it is taking off last few days. I think it will crash again just need to find the right time to get out

I'm in the same boat with INO.

Sent from my SM-G975U using Tapatalk

 

[Brozonelayer]

CDEV is running in pre market! Dang!

Has me wishing I bought more at .39 but you never know!


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[Johnboy]

Has me wishing I bought more at .39 but you never know!

Curses. I want back in, but I'm a coward. Maybe if it dips back under .50.