Originally Posted by Buehler445:
So I'm getting this right that the Saudis and OPEC started a price war?
WTF?
Actually started by the Russians who wouldn't agree to curb output with the rest of OPEC....
The Russians wanted to crater the market because they felt it would hurt US shale producers, and now the Saudis view this as an opportunity to gain market share. [Reply]
So glad I followed my first mind and took EVERYTHING out a little more than a week ago. I expect we're FAR from close to the bottom with the way the media is handling this CORVID-19 virus. Once it gets to the US full fledged, the market will certainly tank a LOT more as EVERYONES's guidance and forecasts will lower. It's already happening. I suppose this will linger until Mayish when warmer weather gets here and everyone is ready to get out and say F' the Corona Virus.
Oh... Planning on playing INO tomorrow
Made like $1k Friday. IF I would've been patient and held a little longer, I would've gained $10-15K instead. FML!