RE:RE:RE:RE:RE:Lmao at traders who are caught outside againLOL, you guys think you are so clever, but what goes around comes around.
Correction: I have over 1.2 million shares. So I am down over 2.5 million from June highs. Down >144k today on a current 12 cent drop. It will probably be worse into the close. Oil is looking for a short term bottom, but I have no doubt about what is going to happen medium to long term. I think the market is on to it too given that these names are holding up so well. The days of 10% drops on every $3 oil drop are gone.
I still remember not that long ago when this moved two pennies in a day, it was a huge move. It's crazy now with it moving 20, 30, or 40 cents in a day.
Best of luck my trader friends.
Snowballer wrote: And given that, I think it's wild that people hold 100,000 plus shares and watch their account dissapear over $300k or $400k from the highs. Wild.
Cobalt wrote: What gets me is flat on almost 9 months or down on 6 months that is a lot of share buy backs days just for that performance, getting cheaper by the day , people just dont want this stuff right now.
Stockhudson wrote: sure hope they are buying back more shares with the on going sale today