All meme stocks dropping.


Anyone buying the OCGN dip? I think it will go even lower.

just sell @ market order so when it unhalts, you just get rid of it.

you're up so big, just take the profits at whatever it strikes.

buy order GLTO 333 @ 7.25

buy order CYTR 577 @ 3.50 : filled - fuk it halted

buy order ORPH 80 @ 25

that wont happen though with halts its hard as **** to sell and buy. i bought orph and it went thru and ive put market sell on it and i still hasnt gone thru

All meme stocks dropping.


Anyone buying the OCGN dip? I think it will go even lower.

Not sure how many lives that cat has left.

Bam
Spoiler!

There's a few angles I can see playing out here 2-5 years out in regards to oil price.

The company I work for is the Canadian subsidiary of ExxonMobil. We have not invested in any greenfield projects since the first 2014 crash. Along with Exxon, the top 5 biggest Canadian producers have said no more to mega-projects. Brownfield expansions and de-bottlenecking for now. Even at $60 WTI the Canadian producers are cash flow machines, once balance sheets are repaired this money has to go somewhere, however it isn't going to be North America in this current political environment. The Canadian federal gubment and now Biden administration has made it exceptionally clear they are closed for energy business. Exxon is now betting on the Guyana mega field and Russia, granted sanctions are holding that back. There is absolutely a want to build more projects in Canada, but I believe the flight of investment capital is politically motivated. These businesses aren't going to invest 5bil+ in leftist jursidiction. We can't even get pipelines built for christ sakes. It's really a shame that these golden gooses are purposefully getting cooked, rather than laying the golden eggs.

Case 1: If the pre-COVID economy comes roaring back in the next few months I can see OPEC+ bringing back the rest of their idled production, along with the Iran factor. This would probably level us out somewhere around the $70 mark before the virus hit. However as Destor stated, there has been next to no capital investment for new fields in the past 6 or so years. These projects take almost 10 years to come online, so there would be no supply side levers to pull. US shale oil could come back but those companies got slaughtered, and Biden ain't a helping hand. Companies worldwide wont be able to bring new production online fast enough to keep demand at bay.

Likely what I see happening is green tech becoming an apparent failure in 5-10 years and the energy sector meeting in the middle somewhere. Oil/Gas will bring on emissions technology to make the hippies happy and "green" tech will fill in the gaps. Meet in the middle so to speak.

Case 2: It's completely political now with environmental + first nations groups controlling energy projects, at least in Canada. We cannot get anything built. There is now technology out there that can significantly reduce emissions (Carbon Storage, Sequestering, SA-SAGD) and companies are getting on board with investing in it. However, the rhetoric out there completely ignores this. Even if we could reduce emissions by 90% it will never be enough. Governments and political groups want the fossil fuel industry completely gone. Natural Gas was the clean alternative a short while ago and now that's in their sights as well. Energy companies have been exceptionally terrible with bringing the truth to light and fighting for themselves and Governments along with environmental groups have been exceptionally good at spreading misinformation and pandering to the public. If oil reaches $100bbl+ gubments will further use this to push the climate agenda. Use high energy prices to pander to the public on how green tech will save them.

Example: Venezuela is a good example on how no capital investment correlates to rising prices. Granted this happened because of their political issues. Decades ago they were the Oil & Gas darling. Exxon, Chevron, ConocoPhillips built their energy infrastructure only to have it all expropriated. They swiftly ran these complex's into the ground and squeezed every penny out of them without investing for the future. They now have only 25% of their original output and have to import everything. Last I heard they're trying to convert their last running cokers into "Flexicokers" to make fuel. This will be a stunning failure, they have to run at such high temperatures those things will be coked solid as Venezuela no longer has the expertise to operate these plants. With-out capital investment into replacement fields + plants you only have so long until it all comes crashing down.

I'm seeing the natural gas sector being targeted by leftists already. Previous employer built natural gas plants, so I knew they were becoming very relevant. Considered investing in them, but now leftists are trying to ban new installment of gas lines in new homes.

https://www.wsj.com/articles/battle-...es-11622334674

how does that chit moon so hard? there isn't' even any news???

What's going with gme should illegal
Hedge funds

Y’all some degenerates

If only they could do that for AHT.. lmao. 2000 shares deep, fuk

That ORPH stock pumped then dumped and now it's halted. lmao


Wouldn't go near that chit.

Speaking of oil, I'm on a frac job sitting in my truck with the AC on high and I'm still sweating balls.

lol. that thing has halted all damn day.

Know those feels, last week I drove 11hrs in a truck with barely-functioning AC and it was 33 degrees celsius + sunny af

First time I've gone 120kph down the highway with windows open

What's going with gme should illegal

Hedge funds

lol those field hand trucks are sometimes pretty ratchet


It's like 94 and humid as hell here

Yours pretty broken in too?

This one is a 2008 Toyota Tacoma with 356,000 kilometers on it

GME chart is horrid af. Double top near $350 is a meme in itself. Idk, $40 is the direction it's heading in.

All meme stocks dropping.


Anyone buying the OCGN dip? I think it will go even lower.

Yeah, not that broken in though. It's just been running all day. It's a 2014 silverado with 170k miles. I drove one of those tacomas at my previous employer, it was new though so I liked it. Just didn't care for the way it looked.

We have some 2500s with like 100k miles which isn't that much, and motors/transmissions completely fuked. We have some degens who drive the chit out of them.