Comment by SilverSamon Oct 08, 2025 8:25pm

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Post# 36743799
RE:RE:RE:RE:RE:RE:RE:RE:It's called profit
RE:RE:RE:RE:RE:RE:RE:RE:It's called profitThanks for mentioning the chart, Deet. I just went and checked. It was actually in 2020 that oil briefly went negative, during the early onset of COVID. The world was in panic mode, and the stock price of all the oil companies started to crash. No one knew which, if any companies, would survive, so the share price of most of them got slaughtered. I took a huge gamble on ATH, as they had a high debt level, but figured I was so far underwater that buying in huge at 0.13 was the only chance to get my investment back. If I remember correctly, my break-even after averaging down was around 0.80/share, and I hung on nervously until it hit a resistance level around the $1.35 or $1.40 level. After I sold the entire stake, it paused for awhile then took off again and just kept going.