Yangarra Resources Ltd T.YGR

Looks like I might be back early

[Oilpig1]

I thank god I didn't hold oil short over the weekend!

[Oilpig1]

I thought Iran incident would have affected oil. I guess not

[kavern23]

Oil prices need healthy economies not constant geopoltiical tension....the last month is actually negative for oil prices in the medium term. Analysts may think oil is guaranteed too go up....but I think downside for oil is more likely..... Oil bulls are in too much of a herd menality.....

[Binkie]

Interesting. Why do you think oil is more likely to go down? 

[kavern23]

Well the long positions in brent oil went down alot last week and short interest picked up. That is one thing that points too a downward trend in oil coming. I mean how can anyone short oil right now...what does "the big money" know?? Todays drop of like 7 f*ckin  dollars felt like traders have some kind news and some want out at all costs. Likly China...if China's economy

[EntngledOutlier]

Even if oil hovered in the 90 to 100 range, YGR is still way undervalued.

[Binkie]

Hope you're wrong but WTI at 96.50 so another big hit today. Investing was so much fun the past couple of months, now it's a migraine...not sure how to play these wild swings, but we're fine if prices settle in this range as the money printing press will need extra shifts to keep up. Company market cap is under 200 million, unreal. 

[Oilpig1]

It's still fun, I went long sp500 yesterday afternoon using hsu. Sold a minute go, did 4% today. Easy money, buy right at support.

[Oilpig1]

Once oil levels out at 88-90, I will start accumulating again, providing momentum also levels out.

[Oilpig1]

I will buy more soon, floor is set here at 2.20. Paradigm holding it together.

[Beezer441]

My take from the background. Looking at WTI price curve for the last several months oil is back exactly where you might expect it would have been, barring the mess in Ukraine. So a huge swing up in price because all of a sudden the western world thinks it's going to be out 3-4 million barrels a day and now huge swing the other way because optimists think the Russia - Ukraine talks are going to