OPEC AGREES TO CUT OIL PRODUCTION

RavySnake
RavySnake

If you aren't buying all the oil stocks right now, you're fucking stupid. Easiest timing ever.

All urls found in this thread:
http://uk.reuters.com/article/global-oil-idUKL3N1C51FA
LuckyDusty
LuckyDusty

@RavySnake
Yes UWTI jumped like 15% yesterday, it's been super volatile.

Lunatick
Lunatick

Put my life savings on XOM and it's -0.9%

Thanks a lot

farquit
farquit

@RavySnake
the time to buy was yesterday

kizzmybutt
kizzmybutt

Higher prices means lower prices as North American shale oil comes online again.

Veeky Forums didn't want to touch oil with a 10 foot pole in January/February, this isn't the place to get good advice.

FastChef
FastChef

I just bought DWTI because of this thread.

Firespawn
Firespawn

Which stocks look the most promising?

Fuzzy_Logic
Fuzzy_Logic

@FastChef
Why

Snarelure
Snarelure

@RavySnake
http://uk.reuters.com/article/global-oil-idUKL3N1C51FA

Have a look at this, familias.

Fuzzy_Logic
Fuzzy_Logic

this guy didn't get the memo

Dreamworx
Dreamworx

@RavySnake
I have 160 cpg.to shares that I bought for 35.50 before the crash...at least I held on.

Harmless_Venom
Harmless_Venom

Trusting Muslims
stupid
Trusting sunni to make a deal with shia
mental trauma

5mileys
5mileys

@Dreamworx
crescent point is a good company
they really only go for low cost developments, so they often pay a premium getting the rights, but they can run through low prices like no other mid cap

I have a lot more baytex, they aren't as good a company, but leveraged to shit so I expect a bigger short term return from them

Bidwell
Bidwell

@Harmless_Venom
Trusting sunni to make a deal with shia

Saudis agreed to lower their production and Iran to increase because of a backroom deal for the Houthis to stop btfo out of Saudis

likme
likme

I had 5 shares of UWTI and then they paid me a royalty the other day and it was down so I said fuck it I'll but another share. Hope it goes up cause it's still below my avg.

Supergrass
Supergrass

@RavySnake
buying right after a spike
buy high sell low meme is real

Stark_Naked
Stark_Naked

mfw I sold and made 20%
mfw the details aren't even out
mfw you trust the Saudis

ZeroReborn
ZeroReborn

Trican up 54% since yesterday. To the moon!

GoogleCat
GoogleCat

@Supergrass
Spike
Implying
My suggestion is a long term one. Buy some valued oil stocks and wait a year. Don't gamble your money on leveraged commodities, kids.

New_Cliche
New_Cliche

@GoogleCat
Don't gamble your money on leveraged commodities, kids.
This I agree with.

lostmypassword
lostmypassword

@RavySnake
Cut production by 0.5%-2%
prices jump 6-15% percent
they still haven't done anything yet

This is why speculation should be outlawed

Poker_Star
Poker_Star

@lostmypassword
speculation should be outlawed
Bernie Sanders plz go

Sharpcharm
Sharpcharm

@lostmypassword
Fuck you for not understanding that speculation gives the market the liquidity it needs to function. Suck a fat cock while these NEETS make money off of arbitrage REEEEEEEE

Emberfire
Emberfire

@Sharpcharm
Change is coming

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