Who here making some serious oil money?
/oil/
>making serious oil money
My family gets a quarterly check for oil that they're pulling up from our land, and I don't consider that to be "serious oil money". Nobody here is making "serious oil money" unless their name is Rockefeller or something.
My entire portfolio is:
1. CNX
2. MCEP
Oil to $50 and beyond
Its gonna hit $65 by mid to late July. Screencap this post.
>tfw I lost 23% buying UWTI at the high, getting burned, and then buying DWTI at the high.
I-I think I'll just sit this one out, user.
All money is serious, user.
CNX has been killing it.
My folio:
>40% NE
>15% RIG
>15% SPN
>30% SRAQU
>tfw 85% of your portfolio is oil stocks that you've bought this year
I really think winter 2016 was a great time to buy
Short sold RIG .. never again.
if you're interested in oil check out BPT and SJT
>getting burned
why would you not just wait UWTI out until you've accumulated enough money to average down and ease out gracefully?
I got burned on DWTI when it temporarily crashed to $80 back in November or whenever it was and jumped in UWTI at the wrong time, not I'm just waiting it out and now I'm only down $300. I just need this one other stock to go up so I can sell it to buy the UWTI. I might take a small $70 hit just to get the $600 extra liquidity now.
I'm also holding
fucking FRO
GSTAR
MMP
SDRL
GST
and
CJES
Life is pretty fucking glorious right now