Hit the nail on the head , jail the bastards , fro
Post# of 51167
As I write his I am now out of GEI, BRY AAV and IMO. I gambled on these stocks at their lows and sold them so a gain. So now my career in energy investing is just a negative $400,000. Makes me a real pro.
I still have PEYTO at a gain at least for the moment . Will hold on to the lowest dry gas producer in Canada at $2 US. Dry gas will come back way before oil and the saudis will now dictate the price of oil going forward. Their leaderMBS is a cartel killer. So you ride with him and his policies. As you invest or refrain from investing in this sector he will decide the oil price going forward.
Acre and doom are right I am afraid. Not mentioned on this board is some additional big news. The president of the United States said today he desires to jail the former president of the United States as well as senior members Of the democratic (majority) party in this country for unspecified but very very grave crimes. This is now his official policy. And no he is not being sarcastic. This does not inspire investment confidence in 70 year olds like me who are not used to this and who grew up with Davy Crockett in the 1950s thinking our country was special and that we were “the good guys”
The last time he went on a kick vilifying — what was it - mexicans some right wing guy with an AR 15 went to El PAso at a Walmart and shot up a bunch of Mexicans . So we can expect something similar soon with the AR 15 guys. Someone told the president to lay off Mexicans so he has not said much about them since but guys will their AR 15s and NATO rounds (now on sale at bass pro fir $1.59 each) please stand buy. The masks you do not like to wear may come in handy yet
Other than PEYTO I Am all cash.
You get your learnin from your burnin. Good bye MEgan! And yes you have always been right but being right counts little nowadays. Have a cup of tea on me in the UK. I will stick to my IpAs.