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HokieAl

Joined: 10/07/1999 Posts: 15853
Likes: 4627

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If you hold that oil for a year or two then it should bounce back nicely


The world is still heavily dependent on oil so you likely got a great bargain if you just bought recently. But it depends on what specific stock you bought because some of the smaller companies and US Shale companies are more at risk of severe pain from the current environment.

(In response to this post by kingofcassell)

Posted: 03/12/2020 at 1:08PM


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Current Thread:
 
  For those who want to hedge the market, here is a link with some options -- HokieAl 03/12/2020 12:25PM
  Gilead still holding strong ** -- hoosnowahokie 03/12/2020 1:26PM
  Plastics! ** -- FfxStationHokie 03/12/2020 12:58PM
  Think i should sell my oil shares i just bought for a slight loss. or hold? ** -- kingofcassell 03/12/2020 12:46PM
  I would hold ** -- hokieman842 03/12/2020 1:14PM
  If you hold that oil for a year or two then it should bounce back nicely -- HokieAl 03/12/2020 1:08PM
  XOM - exxon -- kingofcassell 03/12/2020 1:16PM
  If you hold that oil for a year or two then it should bounce back nicely -- HokieAl 03/12/2020 1:08PM
  Think buying puts is better, limits risk. ** -- HokieForever 03/12/2020 12:44PM
  You will get annihilated by high IV unless price continues strongly lower ** -- Synaesthesia 03/12/2020 2:44PM
  Agree ** -- HokieForever 03/12/2020 7:24PM
  Lower dollar risk, but higher percentage risk. -- HokieAl 03/12/2020 12:57PM

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