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Started By
Message
re: SRNE and possible short squeeze on Monday
Posted on 5/18/20 at 12:00 pm to bayoumuscle21
Posted on 5/18/20 at 12:00 pm to bayoumuscle21
Why OXY may I ask? Thanks
Posted on 5/18/20 at 12:18 pm to Bucktail1
I sold OXY this morning at around $15.00. Took a loss, but made up for it on other stuff.
Posted on 5/18/20 at 12:26 pm to Bucktail1
quote:
Why OXY may I ask?
I think with the recent Icahn and Buffett news, along with the Anadarko update today regarding Africa, it may bump within the next week or two. It's also one I just have confidence in right now, and it runs around the 40 mark in normal society. It's a ways off from there, but it's a stock I'll throw in until there is another play. It's also dirt cheap right now lol.
Posted on 5/18/20 at 12:43 pm to bayoumuscle21
quote:
I think with the recent Icahn and Buffett news, along with the Anadarko update today regarding Africa, it may bump within the next week or two. It's also one I just have confidence in right now, and it runs around the 40 mark in normal society. It's a ways off from there, but it's a stock I'll throw in until there is another play. It's also dirt cheap right now lol.
As an individual sitting on an OXY/ Anadarko platform at this very moment and hearing what I am hearing, and knowing that we cant pay our bills on our platform right now, OXY is not anything I would want to be involved with. Just not a good vibe from the top down.
Legacy Kerr-McGee pensions getting cut has a LOT of folks jumping ship. I know of 3 OIMs and 4 Team leads that spooled it up just last week. All but one of the OIMs was from one platform. They wont be the last. Announcing tomorrow all of the back-fills and who will be moving where.
We got emails last week asking for voluntary resignations and how many months of pay we would require to resign. GoM and field personnel excluded but its obvious they are about trim the fat somewhere. *coughDENVERcough*
This post was edited on 5/18/20 at 4:53 pm
Posted on 5/18/20 at 12:57 pm to im4LSU
quote:
*coughDENVERcough*
Might want to get that checked out. Sounds like the Rona.
Posted on 5/18/20 at 1:15 pm to thadcastle
I'm sitting on a decent spot of Oxy at 12.50ish. I'm in it for at least a year or 2 but it will come back to 50+
Posted on 5/18/20 at 1:17 pm to shawnlsu
quote:
but it will come back to 50+
Dont hold your breath
Posted on 5/18/20 at 1:43 pm to NawlinsTiger9
quote:
Out at 9, tired of staring at it
Yeah I sold this morning at around $8.10 because it would've bothered me all day and I figured it'd come down a little from the weekend. I may get back in later but I felt better locking in my mild profits at this point.
Posted on 5/18/20 at 2:22 pm to thejudge
quote:like clockwork
A lot of people will get caught when it comes down
Posted on 5/18/20 at 2:22 pm to im4LSU
quote:
im4LSU
Interesting. Thanks for the heads up! OK, let's look at plan B. Lol
Been giving a hard look at jumping in IVR. TD Ameritrade is about to cut me off though for round trips. I have to wait until tomorrow to change anything lol.
This post was edited on 5/18/20 at 2:23 pm
Posted on 5/18/20 at 2:33 pm to Crescent Connection
Sorrento's CEO is a crock of shite.
He's manipulated the stock multiple times over the past 8 months, and this has been just another example.
I never bought the company because I never liked the management.
Congrats on all who traded. This is not an investment.
It'll be sub 3 soon enough.
He's manipulated the stock multiple times over the past 8 months, and this has been just another example.
I never bought the company because I never liked the management.
Congrats on all who traded. This is not an investment.
It'll be sub 3 soon enough.
Posted on 5/18/20 at 2:59 pm to bayoumuscle21
quote:
Interesting. Thanks for the heads up! OK, let's look at plan B. Lol
No problem. Not saying you wont make a couple of bucks, but I know the vibe is not good here. Everyone is on edge. Dumped my OXY last week. If you get up .27, dump it and chalk it up as a win
quote:
Been giving a hard look at jumping in IVR.
Did it today
quote:
TD Ameritrade is about to cut me off though for round trips. I have to wait until tomorrow to change anything lol.
Yea, E*Trade is about to pop me too
This post was edited on 5/18/20 at 3:00 pm
Posted on 5/18/20 at 3:06 pm to Crescent Connection
You think SRNE will come back up to $9.00? Got greedy and bought in again at $8.
Posted on 5/18/20 at 3:15 pm to bayoubengals88
quote:
I never bought the company because I never liked the management.
Took profits in premarket, tried to buy in again but it couldn’t pass the turd test. Out completely now
Posted on 5/18/20 at 4:05 pm to thadcastle
quote:
You think SRNE will come back up to $9.00? Got greedy and bought in again at $8.
SOB I didn't have my auto sell on and missed the huge spike
Posted on 5/18/20 at 4:27 pm to thadcastle
In at 4.90 out at 9.60 this AM
Posted on 5/18/20 at 5:30 pm to im4LSU
quote:
im4LSU
Will do first thing tomorrow. I hate to buy IVR on an up day, but it has such an upside!
Posted on 5/18/20 at 7:44 pm to bayoubengals88
quote:
Sorrento's CEO is a crock of shite.
He's manipulated the stock multiple times over the past 8 months, and this has been just another example.
I never bought the company because I never liked the management.
I wondered a while back what Henry would do to try and weasel out of those shares he bought for $9-10
Looks like I got my answer
Posted on 5/28/20 at 10:24 am to bayoumuscle21
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