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Post by cliffs on Apr 7, 2021 6:07:49 GMT -5
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Post by ddixjr509 on Apr 7, 2021 8:59:47 GMT -5
I struggled last fall trying to guess which Marijuana stock was going to be the best producer... instead I opted in one thing that all marijuana growers have in common- Scott's Miracle Grow (SMG). It's not going to be the grand slam- but it's turning into a rock solid stand up triple. the wife and I dumped a fair amount of $$$ into our Fidelity account last May- we're currently up 130% and looking at an exit and reinvestment strategy in the next month or so.
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Post by FRSTDWN on Apr 7, 2021 23:45:37 GMT -5
Best part about the stock casino market is it's awesome if you win.
I'd bet on cocaine if I could. Huge long.
Problem is cocaine isn't legal and eventually greed will destroy a lot of retail investors.
Gl
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Post by ddixjr509 on Apr 8, 2021 8:00:43 GMT -5
Best part about the stock casino market is it's awesome if you win. I'd bet on cocaine if I could. Huge long. Problem is cocaine isn't legal and eventually greed will destroy a lot of retail investors. Gl Pigs get fed, Hogs get slaughtered
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Post by FRSTDWN on Apr 8, 2021 21:44:54 GMT -5
Oil options has been a tough road lately .
I'm sticking to it. I think it will hit 70 eventually. If not I'll be working on a gerbil farm and finding unicorns farts.
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Post by FRSTDWN on Apr 14, 2021 20:52:43 GMT -5
Rough road but hit it hard on fang uso today. Thanks oil gods!
70 will come
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Post by B.Smooth13 on Apr 15, 2021 9:31:03 GMT -5
Imagine being into DISCA when CS sells off some $2B in stock...ugh
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Post by FRSTDWN on Apr 15, 2021 13:20:36 GMT -5
I had UCO when oil crashed to negative lol. It split 3 times or something.
I tried to get coinbase at open but not paying that high. Not a fan of that company. Their fees were insane on crypto. I will wait till you can option it so I can get my money back. Hopefully from a put 🖕
Dodg coin has been a atm lately.
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Post by FRSTDWN on Apr 20, 2021 0:36:42 GMT -5
Doge or whatever it's called coin....lol.
Oil 70.
Bloombum is horrible to listen to late night.
That's is all.
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Post by B.Smooth13 on Apr 20, 2021 7:47:59 GMT -5
Since you're the resident oil man, I'm wondering if you could give thoughts on some of the oil-related index's. Feels like there's a lot to be had there, at least in looking back at previous share prices before the huge fall-off last Spring, but not knowing much about the industry I thought I'd ask.
One's I've at least taken a peak at include: OIL, USO, UCO, & GUSH, those all look to fit that share price pattern I mentioned above. UGA is intriguing, too, but fear it might be a bit late since they've almost recovered from the drop entirely. XOP and OIH don't match as closely - XOP looks to have managed the drop more gradually, and OIH...idk what to make if that chart, it's just a downhill slide from 2016 to Mar '20, +115% YoY - but are obviously indexes from well regarded fund managers (SPDR & VanEck).
Any thoughts on those and/or others you'd recommend looking into in the near term?
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Post by FRSTDWN on Apr 20, 2021 13:59:05 GMT -5
It was up to 64.50 last night and I was counting my money. Then....then it crashed lol. Rough day. Apparently it was caused by COVID spikes, indices dropping and some bill the house passed trying to control OPEC ( never pass into law IMOP). I closed out with losses on USO and FANG but bought back at the dip. Here we go again!
Resident oil man haha. Remember I am new to option trading and still learning. I like oil because I service the industry and know a lot of people in it. So I do get some info that is helpful.
I only use USO and FANG. USO is directly related to WTI and FANG is not as directly related to WTI but it matters. I like to stick with what I know. FANG tends to have very quick up and down swings which is good if you made the correct decisions. USO moves directly by the WTI so you know exactly what it will do.
I also bought more VXX and put a small call option on it case the market keeps crashing.
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Post by B.Smooth13 on Apr 29, 2021 14:11:37 GMT -5
I only use USO and FANG. USO is directly related to WTI and FANG is not as directly related to WTI but it matters. I got into FANG during the lunch dip today. WTI has been looking good (last time I checked)
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Post by B.Smooth13 on Jun 18, 2021 14:28:11 GMT -5
I hate oil.
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Post by cliffs on Jul 24, 2021 6:03:33 GMT -5
Wall Street on Friday completed a four-session win streak, with the Dow Jones Industrial Average closing above 35,000 for the first time ever after another batch of strong earnings, which helped investors put Monday's sudden sell-off in the rear view mirror.
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Post by cliffs on Aug 23, 2021 10:21:42 GMT -5
I struggled last fall trying to guess which Marijuana stock was going to be the best producer... instead I opted in one thing that all marijuana growers have in common- Scott's Miracle Grow (SMG). It's not going to be the grand slam- but it's turning into a rock solid stand up triple. the wife and I dumped a fair amount of $$$ into our Fidelity account last May- we're currently up 130% and looking at an exit and reinvestment strategy in the next month or so. Miracle Grow bought out General Hydroponics, so that is a good stock. Monsanto is another as they own Fox Farms, a huge company in the pot business and Hydrofarm LLC.
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