Post by
ReitsRus on Aug 05, 2021 3:04pm
Disappointing
Most O&G up 2-5% and here we are down 3.5% and ARX barely green WTI up almost a buck NG way up the Shorts are having their way, hopefully see a turn around soon.
Comment by
Sugaree on Aug 05, 2021 4:08pm
Yup, perpetually positive me is pi$$Ed, but been doing some tracking on the 25 oilys i follow and though were are getting punished right now, we had a run unlike any other. So maybe nva got a bit ahead of itself peaking at $4.10. If delta hadn't happened, or if selfish dumbass losers would would have gotten vaccinated, the world would be in a much better place by now. Just more time needed.
Comment by
ReitsRus on Aug 05, 2021 4:18pm
Maybe it did, a 25% haircut off the Highs seems a little much, wish I had more cash I added at 3.40, but shouldn't complain I got into this at $1.14. The turtle wins the race!
Comment by
Carjack on Aug 05, 2021 4:51pm
look at the volumes for all the small caps you follow. From what I see big volumes on NVA and CR. We'll find out what that means tomorrow.
Comment by
Carjack on Aug 06, 2021 10:56am
Sugaree is right somebody took a huge position yesterday and are now letting it run. July was a bad month for managers and banks in the oil patch. I'm sure they need to justify the oxygen they're breathing for Aug. Volumes are still really low so wait it out for Aug and Sept will bring back the moves we are still holding out for.
Comment by
Dumpinvestor on Aug 05, 2021 7:48pm
I agreed with. You theory. It was happened to cj last week. It dipped down to 2.8 range after earning. So I sold at the bottom.. today 3.43 . 20% gain in one week. so today, I added more shares for nva I like nva. I also bet on natural gas for future. I have about 30000 shares. If it dips below 3, I will slowly add more. My risk level would allow me to buy up to 50000 shares
Comment by
Sugaree on Aug 05, 2021 7:59pm
Sorry to hear about your CJ, but I believe adding more NVA down here is a smart move. I have been adding as well. The funny thing about averaging down, is it sucks that a stock is dropping, but you end up making more money in the end, lol.
Comment by
Dumpinvestor on Aug 05, 2021 8:49pm
Yes, it is suck when the stock is droping...so I prepared. I kept 85% of my porfolio in cash. If nva goes down, it would not hurt me so much...I believe in nva and natural gas .
Comment by
Sugaree on Aug 06, 2021 10:10am
Not to toot my own horn, but looking like I may have hit the hammer on the nail pretty good below second paragraph. I feel bad for retailers that got suckered to sell, or used stop limit orders and lost their shares.
Comment by
Carjack on Aug 06, 2021 10:16am
You missed the part where we are the best performer of the small caps.
Comment by
Sugaree on Oct 24, 2021 9:17pm
This post didn't age well, lol.