Sign in

Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
  1. Results 4621 to 4650 of 11185
  2. Page 155 of 373
  3. First
  5. 152
  6. 153
  7. 154
  8. 155
  9. 156
  10. 157
  12. Last

Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

  1. Rate This Thread
06-28-2021, 10:53 AM
#4621
Originally Posted By Carbonfibre⏩
speaking of floor

lumber has still not found it






makes you wonder if Opec says well supply is going up to 1 million barrels day. next month or august.
Now some people are questioning if inflation is real lol.



I: Self, Lord and Master.

"I rub my hands when my palms itch."

"I call you Son not because you Shine but because you Mine."
  1. Abzu
  2. Registered User
  3. Abzus avatar
  1. Abzu
  2. Registered User
  3. Join Date: Apr 2020
  4. Age: 54
  5. Posts: 5,503
  6. Rep Power: 47,195
Quote
06-28-2021, 11:32 AM
#4622
Originally Posted By HMFIC_BROWSIN⏩
NVDA, last stop before becoming the world's largest company measured by market cap.
Originally Posted By dankydank⏩
NVIDIA is really gonna just run up non-stop until the split. Broke 800 after being at 550 not to long ago. Just gonna buy calls on it everytime it pullsback. Pullbacks are only like 1-2% then it goes up 5% a day at least once a week.
Founder of "Prime Minister" (srs)

Founder of "Always Picks 2 Crew" (srs)
  1. A1lthatrema1ns
  2. 420 Friendly
  3. A1lthatrema1nss avatar
  1. A1lthatrema1ns
  2. 420 Friendly
  3. Join Date: Jan 2008
  4. Location: California, United States
  5. Posts: 10,330
  6. Rep Power: 25,877
Quote
06-28-2021, 11:34 AM
#4623
calm down nostradamus

didn't know you were flipping millions with amazing calls year in / out

when all the money flows into value where do you think they go. things that were oversold.





  1. Carbonfibre
  2. Rubber Banding
  3. Carbonfibres avatar
  1. Carbonfibre
  2. Rubber Banding
  3. Join Date: Aug 2010
  4. Location: State / Province, Canada
  5. Posts: 11,348
  6. Rep Power: 52,652
Quote
06-28-2021, 11:34 AM
#4624
Originally Posted By Carbonfibre⏩
^^^^^^^

viac has got my attention will add to watchlist. looks like gap to $53.5 possible if it starts to run.





tech/growth is back

if it wasn't clear that market has seasonality it sure looks like it now.



look at this





in case anyone doesn't know the basket arkk holds

https://www.arktrack.com/
I bought some more ARKK last week. I own all funds except arkx, even PRNT might be turning around.

Anyone considering Draft Kings? Could be a good buy as states allow sports gambling on their app.
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
  1. _zman
  2. Trancebrah
  3. _zmans avatar
  1. _zman
  2. Trancebrah
  3. Join Date: Jan 2009
  4. Age: 39
  5. Posts: 12,370
  6. Rep Power: 93,080
Quote
06-28-2021, 11:51 AM
#4625
Just bought 70 shares of MRIN. This Should go on a moon mission.
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. MinisterOfLusts avatar
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
  4. Location: United States
  5. Posts: 51,453
  6. Rep Power: 688,208
Quote
06-28-2021, 11:51 AM
#4626
Originally Posted By Carbonfibre⏩
speaking of floor

lumber has still not found it



makes you wonder if Opec says well supply is going up to 1 million barrels day. next month or august.
OPEC+ bringing production back online is factored into the $80-100/bbl calls, same with the risk of Iranian production hitting the market again. None of that will be enough in the near term if the world continues opening up and people unleash their pent-up travel demand, and US Shale production is still way below pre-COVID levels with no sign of rigs surging back online. OPEC+ got exactly what they wanted, shale will very possibly never hit pre-COVID levels again and it's time to make back the money they sacrificed with the 2020 price war. Keeping in mind that Saudi Arabia aims for $70/bbl average in their budget to support their government and societal programs.

Aside from the low investment since 2014 and even lower investment in new production now with the ESG movement etc, we have people avoiding mass transit and groups like BofA believing the "work from home" phenomenon will be largely bullish for oil right now as more flexible work schedules allow people to run errands and do other stuff during work days – they're calling it "work from car"
  1. Destor
  2. Registered User
  3. Destors avatar
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 39
  6. Posts: 26,872
  7. Rep Power: 254,906
Quote
06-28-2021, 11:59 AM
#4627
Anyone long sndl right now?


Chit is lookin joocy could hit 1.5-2.0 easy.
  1. Swaggod9k
  2. Registered User
  3. Swaggod9ks avatar
  1. Swaggod9k
  2. Registered User
  3. Join Date: Jun 2019
  4. Age: 54
  5. Posts: 865
  6. Rep Power: 7,517
Quote
06-28-2021, 12:03 PM
#4628
Originally Posted By Swaggod9k⏩
Anyone long sndl right now?


Chit is lookin joocy could hit 1.5-2.0 easy.
Been holding for a while.
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. MinisterOfLusts avatar
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
  4. Location: United States
  5. Posts: 51,453
  6. Rep Power: 688,208
Quote
06-28-2021, 12:33 PM
#4629
Fuark passed up 0 dte SPY calls at 0.38. Worth over 1.25 now
  1. dankydank
  2. Registered User
  3. dankydanks avatar
  1. dankydank
  2. Registered User
  3. Join Date: Sep 2009
  4. Age: 33
  5. Posts: 7,072
  6. Rep Power: 15,133
Quote
06-28-2021, 12:34 PM
#4630
Brahs, I found a gold mine of an undervalued stock with CLF. It's trading at just 2x pe which is unreal. They've raised guidance for 3-4B ebitda two months ago. 5B two weeks ago based on $1175 HRC steel prices and steel is trading above $1800 rn. Can see easy $7B this year and the company would be only worth $10B. Has $6B in debt which it is on track to pay off. Earnings are 07/22 and I want to get in on some long term calls. I am praying for a correction to $15 though, but idk if it'll happen. This stock could go up another 50% easily by year's end. 300-600% over the next couple of years.
https://imgur.com/a/Xiy1tfg
  1. Venom08
  2. God loves you
  3. Venom08s avatar
  1. Venom08
  2. God loves you
  3. Join Date: May 2013
  4. Age: 30
  5. Posts: 13,450
  6. Rep Power: 33,520
Quote
06-28-2021, 12:41 PM
#4631
If anyone is interested, these are the latest US O&G production / stockpile graphs

Spoiler!




Scope out these Fiscal Break Evens from IMF and RBC Capital

  1. Destor
  2. Registered User
  3. Destors avatar
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 39
  6. Posts: 26,872
  7. Rep Power: 254,906
Quote
06-28-2021, 12:51 PM
#4632
**** suncor
  1. Harry362
  2. Registered User
  3. Harry362s avatar
  1. Harry362
  2. Registered User
  3. Join Date: Jan 2017
  4. Age: 54
  5. Posts: 4,055
  6. Rep Power: 737
Quote
06-28-2021, 12:59 PM
#4633
Originally Posted By Harry362⏩
**** suncor
I don’t fux with canacrude, they gots no good way to get it to market and it costs more to produce than murican
STEM Wagie Brah
  1. SipNPiz
  2. 2 B Tan is 2 B Glorious!
  3. SipNPizs avatar
  1. SipNPiz
  2. 2 B Tan is 2 B Glorious!
  3. Join Date: Feb 2010
  4. Location: United States
  5. Posts: 10,117
  6. Rep Power: 14,812
Quote
06-28-2021, 01:00 PM
#4634
Originally Posted By SipNPiz⏩
I don’t fux with canacrude, they gots no good way to get it to market and it costs more to produce than murican
im back to -10,000ish on it, wish I dumped when I was only -3000 last week
  1. Harry362
  2. Registered User
  3. Harry362s avatar
  1. Harry362
  2. Registered User
  3. Join Date: Jan 2017
  4. Age: 54
  5. Posts: 4,055
  6. Rep Power: 737
Quote
06-28-2021, 01:03 PM
#4635
Originally Posted By Harry362⏩
im back to -10,000ish on it, wish I dumped when I was only -3000 last week
I put in some orders for VLO and PSX calls for august but they didn’t get filled
STEM Wagie Brah
  1. SipNPiz
  2. 2 B Tan is 2 B Glorious!
  3. SipNPizs avatar
  1. SipNPiz
  2. 2 B Tan is 2 B Glorious!
  3. Join Date: Feb 2010
  4. Location: United States
  5. Posts: 10,117
  6. Rep Power: 14,812
Quote
06-28-2021, 01:11 PM
#4636
Originally Posted By SipNPiz⏩
I don’t fux with canacrude, they gots no good way to get it to market and it costs more to produce than murican
I don't know specific American companies, but Canadian crude projects are only capital-intensive at the front end. We build massive mines that cost many billions of dollars but sit on 20-30 years of oil reserves, and the idea is that they become far more cost effective over the long term.

An established company like CNRL, which is the most financially disciplined out here right now, has an operating break-even of $25-26/bbl WTI and is producing free cash flow (post-dividend) at $31/bbl.

Companies that already have these mines set up, like CNRL / Suncor / Cenovus, are in an extremely good position IMO. CNRL was posting a profit even in Q3 of last year.
  1. Destor
  2. Registered User
  3. Destors avatar
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 39
  6. Posts: 26,872
  7. Rep Power: 254,906
Quote
06-28-2021, 01:38 PM
#4637
Originally Posted By Venom08⏩
Brahs, I found a gold mine of an undervalued stock with CLF. It's trading at just 2x pe which is unreal. They've raised guidance for 3-4B ebitda two months ago. 5B two weeks ago based on $1175 HRC steel prices and steel is trading above $1800 rn. Can see easy $7B this year and the company would be only worth $10B. Has $6B in debt which it is on track to pay off. Earnings are 07/22 and I want to get in on some long term calls. I am praying for a correction to $15 though, but idk if it'll happen. This stock could go up another 50% easily by year's end. 300-600% over the next couple of years.
https://imgur.com/a/Xiy1tfg
Zoom out on the 1 month candle chart brah. Major resistance between 20 and 22.3. Wedge might breakout with strong upwards movement if momentum is strong enough but good chance it gets rejected.

(1 day candle interval)


Originally Posted By Harry362⏩
**** suncor
Feelsbadman
  1. BulkingIsHard
  2. Registered Bigot
  3. BulkingIsHards avatar
  1. BulkingIsHard
  2. Registered Bigot
  3. Join Date: Aug 2016
  4. Posts: 7,516
  5. Rep Power: 69,656
Quote
06-28-2021, 02:37 PM
#4638
Fuk bros, I wanna take out a mortgage and go all in on VIAC calls lmao. This thing is holding support and channels like a champ and is gonna gun for $90 by the end of the year.
  1. Venom08
  2. God loves you
  3. Venom08s avatar
  1. Venom08
  2. God loves you
  3. Join Date: May 2013
  4. Age: 30
  5. Posts: 13,450
  6. Rep Power: 33,520
Quote
06-28-2021, 03:17 PM
#4639
Who here not buying MRIN? Just lol
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. MinisterOfLusts avatar
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
  4. Location: United States
  5. Posts: 51,453
  6. Rep Power: 688,208
Quote
06-28-2021, 03:20 PM
#4640
Originally Posted By Destor⏩
OPEC+ bringing production back online is factored into the $80-100/bbl calls, same with the risk of Iranian production hitting the market again. None of that will be enough in the near term if the world continues opening up and people unleash their pent-up travel demand, and US Shale production is still way below pre-COVID levels with no sign of rigs surging back online. OPEC+ got exactly what they wanted, shale will very possibly never hit pre-COVID levels again and it's time to make back the money they sacrificed with the 2020 price war. Keeping in mind that Saudi Arabia aims for $70/bbl average in their budget to support their government and societal programs.

Aside from the low investment since 2014 and even lower investment in new production now with the ESG movement etc, we have people avoiding mass transit and groups like BofA believing the "work from home" phenomenon will be largely bullish for oil right now as more flexible work schedules allow people to run errands and do other stuff during work days – they're calling it "work from car"
We're running almost full out right now. Typically our high-octane unit just idles and even that is up in rate.

I would think OPEC+ will probably increase production a bit more than is projected, however they're not going to do a large dump out of nowhere. Everyone is repairing their balance sheets for a little bit, including the companies.

Suncor/Cenovus took the biggest hit. Suncor will come back sooner and Cenovus needs to digest their acquisitions.

Oil price might flounder in the 70s for a bit but only up from here! Choo choo
Power Engineer Crew
Tradie Life
  1. Bavaria
  2. Registered User
  3. Bavarias avatar
  1. Bavaria
  2. Registered User
  3. Join Date: Apr 2011
  4. Location: Canada
  5. Posts: 984
  6. Rep Power: 4,071
Quote
06-28-2021, 03:28 PM
#4641
Originally Posted By Bavaria⏩
We're running almost full out right now. Typically our high-octane unit just idles and even that is up in rate.

I would think OPEC+ will probably increase production a bit more than is projected, however they're not going to do a large dump out of nowhere. Everyone is repairing their balance sheets for a little bit, including the companies.

Suncor/Cenovus took the biggest hit. Suncor will come back sooner and Cenovus needs to digest their acquisitions.

Oil price might flounder in the 70s for a bit but only up from here! Choo choo
Our companies will be producing so much cash already in the $70s especially if the differential stays low

Hoping I can work potash mining for a year or two and then come back to Fort Mac, that would work out nicely
  1. Destor
  2. Registered User
  3. Destors avatar
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 39
  6. Posts: 26,872
  7. Rep Power: 254,906
Quote
06-28-2021, 03:40 PM
#4642
Originally Posted By Destor⏩
Our companies will be producing so much cash already in the $70s especially if the differential stays low

Hoping I can work potash mining for a year or two and then come back to Fort Mac, that would work out nicely
Out in Sask? Some nice country out there, boring as phuck though. All you can do is rip beers lol
Power Engineer Crew
Tradie Life
  1. Bavaria
  2. Registered User
  3. Bavarias avatar
  1. Bavaria
  2. Registered User
  3. Join Date: Apr 2011
  4. Location: Canada
  5. Posts: 984
  6. Rep Power: 4,071
Quote
06-28-2021, 03:47 PM
#4643
Originally Posted By Bavaria⏩
Out in Sask? Some nice country out there, boring as phuck though. All you can do is rip beers lol
Yeah man almost in the middle of nowhere, I'm renting a house in a town that is legitimately like 40 people. Definitely some scenic valleys and tons of wildlife though, I'm enjoying it right now

Spoiler!

  1. Destor
  2. Registered User
  3. Destors avatar
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 39
  6. Posts: 26,872
  7. Rep Power: 254,906
Quote
06-28-2021, 05:32 PM
#4644
Damn posted about rsls on Friday or Saturday, ran up 27% today and I didn’t get in.

You boys still holding CCIV
  1. wrastler163
  2. Registered User
  3. wrastler163s avatar
  1. wrastler163
  2. Registered User
  3. Join Date: Jan 2009
  4. Location: Georgia, United States
  5. Age: 32
  6. Posts: 2,777
  7. Rep Power: 21,727
Quote
06-29-2021, 06:55 AM
#4645
damn, forum update killed this thread.
Spoiler alert; you die at the end.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. HMFIC_BROWSINs avatar
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 54,668
  6. Rep Power: 334,109
Quote
06-29-2021, 07:02 AM
#4646
Originally Posted By HMFIC_BROWSIN⏩
damn, forum update killed this thread.
Nah….
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew

RIP YGST
  1. twovalvekid
  2. N3rd Op3rator
  3. twovalvekids avatar
  1. twovalvekid
  2. N3rd Op3rator
  3. Join Date: Sep 2013
  4. Location: Saratoga Springs, New York, United States
  5. Posts: 24,929
  6. Rep Power: 436,322
Quote
06-29-2021, 07:46 AM
#4647
Originally Posted By HMFIC_BROWSIN⏩
damn, forum update killed this thread.
This.

I am out brahs. Hope all is good.

I will be back if they fix mobile version
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. MinisterOfLusts avatar
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
  4. Location: United States
  5. Posts: 51,453
  6. Rep Power: 688,208
Quote
06-29-2021, 08:06 AM
#4648
Originally Posted By MinisterOfLust⏩
This.

I am out brahs. Hope all is good.

I will be back if they fix mobile version
I literally opened a domain and limitless bandwidth account with godaddy back in Feb so I could open a forum for invest brahs ITT. I paid like $245 for I think 2 years, then I forgot about it.

Looks like I might need to actually put something together now.
Spoiler alert; you die at the end.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. HMFIC_BROWSINs avatar
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 54,668
  6. Rep Power: 334,109
Quote
06-29-2021, 08:16 AM
#4649
Originally Posted By HMFIC_BROWSIN⏩
I literally opened a domain and limitless bandwidth account with godaddy back in Feb so I could open a forum for invest brahs ITT. I paid like $245 for I think 2 years, then I forgot about it.

Looks like I might need to actually put something together now.
It will be needed, I thought of doing the same thing myself. I can't even post half the time, something about some token expiring and asks me to reload the page…
MFC

RIP YGST

**KNEE DRAGGERS CREW**

O's/Ravens/Caps
  1. NMH
  2. PSU Crew
  3. NMHs avatar
  1. NMH
  2. PSU Crew
  3. Join Date: Sep 2007
  4. Location: Pennsylvania, United States
  5. Posts: 5,253
  6. Rep Power: 23,649
Quote
06-29-2021, 08:48 AM
#4650
In and out of MRIN, today for a decent gain. Buy at 11.00 and out at 13.25



Originally Posted By wrastler163⏩
Damn posted about rsls on Friday or Saturday, ran up 27% today and I didn’t get in.

You boys still holding CCIV

Small position in cciv.







Do any of you use any good stock discussion forums?
  1. lntense
  2. Ð
  3. lntenses avatar
  1. lntense
  2. Ð
  3. Join Date: Feb 2011
  4. Posts: 3,059
  5. Rep Power: 17,383
Quote
Bookmarks
Digg
del.icio.us
StumbleUpon
Google
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts