- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: WTI Crude at less than $8/bbl right now. Good investment?
Posted on 4/20/20 at 1:03 pm to crazycubes
Posted on 4/20/20 at 1:03 pm to crazycubes
Y’all I’ve got this new penny stock, it’s called Crude Oil. Been around forever but it has some promise in energy
3
Posted on 4/20/20 at 1:03 pm to RebelExpress38
(no message)
This post was edited on 4/20/20 at 1:03 pm
Posted on 4/20/20 at 1:03 pm to TigerDeBaiter
How does someone go long on oil? Like a 5-10 year window
Posted on 4/20/20 at 1:03 pm to castorinho
This is only because these traders can't take physical delivery and there are no buyers. Extreme low volume means extreme low prices.
Posted on 4/20/20 at 1:03 pm to RebelExpress38
quote:
Y’all I’ve got this new penny stock, it’s called Crude Oil. Been around forever but it has some promise in energy
Posted on 4/20/20 at 1:03 pm to bhtigerfan
Posted on 4/20/20 at 1:04 pm to I Love Bama
Well you could buy a million and stick it in an empty salt dome you have on your property.
Posted on 4/20/20 at 1:06 pm to I Love Bama
quote:
How does someone go long on oil? Like a 5-10 year window
UWT
It has a massive 1.5% fee though. Be careful. But at 16 cents it worth the risk IMO.
Posted on 4/20/20 at 1:07 pm to PlanoPrivateer
quote:
I took a look at USO this morning. I'm surprised it isn't trading lower than it is. Down 5% at about 12:45 PM.
It doesn't own May contracts.
Posted on 4/20/20 at 1:10 pm to MillerLiteTime
Now -0.32$
Ahhhhhh
Ahhhhhh
Posted on 4/20/20 at 1:10 pm to GumboPot
I think those lose value over time, don't they? Like options?
Posted on 4/20/20 at 1:11 pm to LSUregit
Damn... negative
Posted on 4/20/20 at 1:12 pm to TigerDeBaiter
Some poor traders are gonna drink tonight. A lot.
Posted on 4/20/20 at 1:12 pm to TigerDeBaiter
Posted on 4/20/20 at 1:13 pm to bhtigerfan
Really dumb question as I don't dabble in commodities, but how do I trade wti?
Have only done stocks
Have only done stocks
Posted on 4/20/20 at 1:14 pm to GumboPot
quote:
WTI Crude at less than $8/bbl right now. Good investment?
quote:
How does someone go long on oil? Like a 5-10 year window
UWT
It has a massive 1.5% fee though. Be careful. But at 16 cents it worth the risk IMO.
It's UWT like an option play?
Posted on 4/20/20 at 1:16 pm to The Egg
Is there anyone actually taking delivery on these negative prices? Seems just wild to think that’s possible
Posted on 4/20/20 at 1:16 pm to I Love Bama
Doesn’t affect GOM prices
Posted on 4/20/20 at 1:17 pm to TOKEN
-$7.05
Posted on 4/20/20 at 1:17 pm to I Love Bama
So is anyone buying this?
Page 3 of 7
Back to top
Follow TigerDroppings for LSU Football News