Now some people are questioning if inflation is real lol.

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.

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.

Just bought 70 shares of MRIN. This Should go on a moon mission.

[QUOTE=Carbonfibre post_id=1641790153]speaking of floor

lumber has still not found it

[img]https://i.imgur.com/tLtcqCN.png

makes you wonder if Opec says well supply is going up to 1 million barrels day. next month or august.[/QUOTE]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"

Anyone long sndl right now?


Chit is lookin joocy could hit 1.5-2.0 easy.

Been holding for a while.

Fuark passed up 0 dte SPY calls at 0.38. Worth over 1.25 now

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

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

**** 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

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

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.

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)
Feelsbadman

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.

Who here not buying MRIN? Just lol

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

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!

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

You boys still holding CCIV

damn, forum update killed this thread.

Nah....

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.

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...

In and out of MRIN, today for a decent gain. Buy at 11.00 and out at 13.25

Small position in cciv.







Do any of you use any good stock discussion forums?