Post by
dselvonm on May 06, 2022 10:01am
Recession
Getting a little nervous here, if we get a recession, oil prices will tank, and so will all oil companies.
Comment by
Raymondjames on May 06, 2022 12:48pm
Hate this iPhone. Delvsom - You're a downer. Sell the stock and I will pick it up. Been buying at $33.50 all day. You and and I have fundamentally different views on pou and how to maximize returns. I've been on this board since pou was $1 and now $34.
Comment by
dselvonm on May 06, 2022 4:30pm
I call BS on your constant buying RJ, you must have an endless pit of money...I think NOT. The reality is a recession may be on it's way, I hope not, but if it happens Paramount will not be spared.
Comment by
Raymondjames on May 06, 2022 5:47pm
Many have doubted my wallet size. Let's play over/under on what you think I'm worth..... and those July22c, August 22.50 and September 23 buys were mine. Send $500 to Honeypot and he can act as caretaker .
Comment by
Raymondjames on May 06, 2022 5:49pm
PS - put your block up for sal on Monday and let me knownsize and trading house - 124 will be the buyer to get your nonsense of this board. Grow a set
Comment by
Raymondjames on May 06, 2022 5:51pm
Rustic was questioning my posts for the longest while andn now gone. I expect the same will happen to you.
Comment by
dselvonm on May 06, 2022 7:48pm
So if we indeed fall into a recession, you are saying Paramount will continue to rise and hit $50 by year end?
Comment by
Raymondjames on May 06, 2022 9:03pm
Look at demand and supply. Demand will not fall by more than 1m boe/d in a slow down/recession. China will be out of COVID next month. Then we rock. Pou is debt free. Free cash flow galore. So I am a buyer
Comment by
Raymondjames on May 06, 2022 9:21pm
Oil supply is tight. I see $130 wti in q4 and nat gas in double digits. Pou should be $40 now.
Comment by
Raymondjames on May 07, 2022 8:59am
And where else will you find a 4% dividend yield today, $2-3 special dividends over the next 5 years, and debt free. This is $50 by year end
Comment by
Raymondjames on May 08, 2022 1:16pm
Delvsom: this from Vitol in support of my argument. I really don't care one bit what you do given that you think I'm lying about trades but others who listen have a fortune. Vitol: Absent Massive Oil Demand Destruction, the Supply Cushion from OPEC Will Be at a Point Which is Alarming
Comment by
Raymondjames on May 08, 2022 1:52pm
Delvsom: this from Vitol in support of my argument. I really don@t care one bit what you do given that you think I@m lying about trades but others who listen have a fortune.@ Vitol: Absent Massive Oil Demand Destruction, the Supply Cushion from OPEC Will Be at a Point Which is Alarming
Comment by
Raymondjames on May 08, 2022 6:21pm
And more support for my ridiculous view Oil – Shell’s not seeing demand destruction, rather demand is increasing
Comment by
Raymondjames on May 06, 2022 5:54pm
Meant to say "off this board"