RE:RE:HOLY!!!!How low is this going to go?casino_royal wrote:
nothing but games being played with oil stocks once again. As crude rises oil stocks sell into strength mode. Looking for Precision shares dip and stay under $3 until they're done fleecing those on margin maybe 2/3 weeks and then could represent a bottom for a while. Last time was 2009 when shared dipped under $3, this has been one giant shat show. gl
Tax loss selling, I think it will recover starting in or after November if oil does not tank.
Two simple rules:
1. Do not buy speculative stocks on margin.
2. Always leave cash reserves to take advantage of sell-off opportunities.
Then, you would have nothing to worry about.