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  1. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    And now crickets.....even though he's still on other threads giving his opinion as facts.
  2. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    6 weeks from Q2...
  3. Replies
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    1,319,013

    Re: Covid-19 in OKC (coronavirus)

    You ever stop to consider that maybe the guns shows, pool and spa shows, and car shows are how some people pay their rent?
  4. Replies
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    1,319,013

    Re: Covid-19 in OKC (coronavirus)

    Good luck on the vaccine. Zero chance I'll be in line for one.
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    Re: May 2020 - General Weather Discussion

    I like them too, and the reality is that my rooting for or against them has no impact on what actually happens.
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    177,184

    Re: Continental Resources Business Practices

    Found this article today. Figured since the other thread is focused on oil in general I should post it here.
    ...
  7. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    Wow, CLR went from only 871 users holding on 3/8 to about 4500 now.
  8. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    Shutting in production makes sense given the price they were getting at the well head. No reason to sell at a loss or give it away. I think our disagreement comes down to how long we think the...
  9. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    I can't imagine anyone arguing against CHK going BK at this point. That's obviously happening.

    Just for fun, by what date do you expect CLR to file for BK?
  10. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    A few posts ago you said they may not survive while saying that CHK would even thought CHK is the company currently filing BK. Now you say CLR may file BK. Where do you get the idea that CLR is...
  11. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    So the company filing BK is going to survive and CLR is 50/50?

    And yes, I'm aware that CHK is likely filing Chapter 11 and may come out of it alive, but there is no logical reason that I see to...
  12. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    Oil company stocks looking better today. CLR back up to almost $15 as it has slowly climbed over the last few days. Seems as though the market has already priced in all the bad news and the fact...
  13. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    I can't figure out why the oil companies are holding up relatively well with oil dropping like this. Perhaps this eventual drop was already priced in?

    Or traders could be looking at the June...
  14. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    if you are here to say they have rough waters ahead I'm not going to disagree. However, you speak as if your opinion is a fact, and it's simply not. The reality is that you don't know what's going...
  15. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    CLR is up $5 from it's 52 week lows. Someone must like it.

    As for oil in general, it's amazing how people preach doom and gloom every time it booms and busts. When oil was over $100 you could...
  16. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    What specifically makes you say this? I've ridden it down so far at this point that it hardly seems worth selling.
  17. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    I expected to see $30's very soon, but not low 30's this fast. At this rate we will be in the 20's this week, and maybe teens soon if someone doesn't blink.
  18. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    Yea, I've backed away from the ledge a little since last night. I have no need to access the money in the foreseeable future so I'm going to watch things a bit and look to average down. This is a...
  19. Thread: Oil prices

    by OKIENW
    Replies
    2,597
    Views
    549,342

    Re: Oil prices

    I've got myself stuck with some CLR stock that I purchased in the low 40's and $25. I don't need the money any time soon, but I'm starting to wonder if I should dump it and cut my losses. I don't...
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