The Rokslide Stock Traders Thread

[2531usmc]

I’m with you Silver Wings! I posted this on 9 March:

“Im not a betting man, but if I was I would be betting this week and next week is the max hysteria for oil prices.

XOM had a huge run up before the war started. With the start of the war, XOM has trended up but nothing spectacular like you would think. My guess is the market is already pricing in demand destruction.

And if I was a betting man, I would be putting in some XOM shorts”

The market is still pricing in demand destruction. Markets will adjust, oil will be rerouted and prices will drop.

 

[Sawitrightoff]

Didn’t Trump say that the U.S. has all the oil it needs, and only 1% of what goes through the Strait, has a U.S. effect? Then why did U.S. prices jump? Are the oil companies gouging the U.S. citizens to reduce pain of others?

 

[wyosam]

Didn’t Trump say that the U.S. has all the oil it needs, and only 1% of what goes through the Strait, has a U.S. effect? Then why did U.S. prices jump? Are the oil companies gouging the U.S. citizens to reduce pain of others?

Because it’s a global commodity. We can say oil from that region doesn’t affect us, but a supply disruption anywhere on the planet drives the price of oil up. The idea that being able to meet all our oil needs domestically means price protection is a fallacy. Always has been, always will be.


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[Q_Sertorius]

Didn’t Trump say that the U.S. has all the oil it needs, and only 1% of what goes through the Strait, has a U.S. effect? Then why did U.S. prices jump? Are the oil companies gouging the U.S. citizens to reduce pain of others?

Trump is correct that we have a sufficient supply. But when global prices rise, our oil becomes more valuable on the world market. Which means that our domestic prices will rise. Which usually makes it possible for marginal fields to increase production and add to the supply. When global prices fall again, those marginal fields will shut down again.

 

[eddielasvegas]

According to the estimate I just ran, end of October is when it hits 40T, so that would be Q4, but there may be some variables I’m missing.

I'll stick to my original SWAG of Q3-ish.

To wit:





Eddie

 

[Poser]

Touche.

If you spread the interest out on this 200b over the course of 30 years, it will end up adding almost 500b to the deficit, not adjusted for inflation (which it will ultimately contribute to).

I'll stick to my original SWAG of Q3-ish.

To wit:

View attachment 1039525



Eddie

 

[Pgidley]

Been doing a bit of research on ASTS. It seems promising, and its price is currently close to all-time low. Wondering if anyone else here has a position or any thoughts. I'm following the "invest in what you use" rule, as this is something I would love to be a reality (worldwide cell coverage).

Funny I just came across my old comment here. It was trading at around $6 when I made this comment, today at around $90 with a $129 high. Made me a nice chunk of cash, but in hindsight I should have had even more confidence. Haven't sold a share and don't plan to until the services is either in full operation or worth $0. Curious if anyone else got into this in the time since?

 

[silasbowhunter]

Funny I just came across my old comment here. It was trading at around $6 when I made this comment, today at around $90 with a $129 high. Made me a nice chunk of cash, but in hindsight I should have had even more confidence. Haven't sold a share and don't plan to until the services is either in full operation or worth $0. Curious if anyone else got into this in the time since?

Since you’re proven, what’s your pick for the next 4 years


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[BigDog00]

Any GTE bag holders still hanging out? I'm finally back to above break even. I think it's going to the moon so I'm going to hold.....just kidding, I've got sell orders set to hopefully make a small profit and drop this dog.

 

[CorbLand]

Any GTE bag holders still hanging out? I'm finally back to above break even. I think it's going to the moon so I'm going to hold.....just kidding, I've got sell orders set to hopefully make a small profit and drop this dog.

My sell order is set at break even and I bought some shares a while back to try and lower that average. I have a bit before it will execute, if ever.

 

[MountainTracker]

I'll stick to my original SWAG of Q3-ish.

To wit:

View attachment 1039525



Eddie

That will bump it along, plus new sec come May.


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[FLHunter87]

Palantir may be a good one. I bought a decent amount a few weeks ago. Saving money for the SpaceX IPO during Summer. There will be money made in that for sure. Other than that I’m good with my investments for now. Most of this is for retirement or my kids as well. I have my company stock as well for retirement/personal use and recently sold a good chunk because of the 4.5x return. Might as well cash in a little bit right?!

 

[BigDog00]

My sell order is set at break even and I bought some shares a while back to try and lower that average. I have a bit before it will execute, if ever.

I considered buying more as well but didn't. I've only got 100 shares left so not much of my original position.