Stock Market is the bottom in?

[Brian662]

 

[SD51555]

Gray cat loves NGVC.


They report earnings very soon. These puts straddle the earnings release. Got paid $593 on these. Equates to a 6.6% cash earn rate in just under 6 weeks. I'll take it. If they drop 9%, I get the shares. I want them.

 

[SD51555]

This is what I was talking about when I said I saw no great upside in profits for oil majors if the supply goes even higher because we're taking over Venezuela. I had figured the NWO would be leveling refineries all over to get prices up.

"Screwing Us Over... Again": Shale Producers Furious Over Trump's Venezuela Plan To Lower Crude Prices | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Brian662]

I'd personally have rather stayed out of Venezuela, but now that it's been done...
I'd much rather have gas prices lower at the pump than worry about corporate profits for the drillers.

I did see it floated out there that Trump may try to grab onto 10% of the industry in Venezeula the way he did with Intel.

 

[Telemark]

I'd much rather have gas prices lower at the pump than worry about corporate profits for the drillers.

Agreed. High oil prices help the oil companies. Low oil prices help pretty much everyone else.

 

[Howboutthemdawgs]

Government run oil companies, health care, defense contractors, chip companies, ag industry.
This won’t end well one day

 

[T-Max]

Government run oil companies, health care, defense contractors, chip companies, ag industry.
This won’t end well one day

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