RE:RE:Shame on you UnluckyUnlucky13 wrote: For the record I lost 100k which is serious money to me by going long! I am starting to make it back watching it go lower because I am short! I was long and watched this sink from $50 to $4. Warning you must try to get out, oil is going lower!
WOW!!!! You lost 100K going from $50 and you didn't have a stop loss!!!??? And now you are shorting at the bottom to lose another $100K!!
And you want people to read the board to take you seriously!?? Let's see, do I want to follow insiders that have bought over $500,000 of this stock in the last few days or an "unlucky" anonymous poster that admits to be the worst trader/investor I have EVER seen??
EVEN if oil is going lower, this current "overagitated" state we see on the Oil Sector is called capitulation. A butterfly could land on a BTE oil rig in the US (profitable) and BOOM, you'd be here making that a reason not to buy?
Hold on to that short position buddy! I think your either a REALLY BAD LIAR or a REALLY BAD investor/trader! It's not lack of luck buddy. Buys Mutual Funds, get someone else to manage this stuff for you! :-) LOL !!!!