What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Em's Stock Pick of the Day: UWTI (1 Viewer)

UWTI is going to be great but it's a 3x ETF so you don't want in until this turns and that hasn't happened yet.

 
Long term I have mixed feelings about oil...

There is a chance storage reaches capacity - If that happens, oil can basically be halved again, even at these levels.

At some point, US production will be too expensive to profit and will shut down, not until then will we see a healthy rise in prices or an OPEC production cut.

Without one of these two things happening, the market remains very unstable, especially if we don't see a large uptick in demand.

 

  1. Gamblers Anonymous Meetings by State. If you have a gambling problem, below is a list of Gambler's Anonymous meetings by state. You can also access meeting information by calling the National Hotline at 1-888-424-3577.
 
fantasycurse42 said:
Long term I have mixed feelings about oil...

There is a chance storage reaches capacity - If that happens, oil can basically be halved again, even at these levels.

At some point, US production will be too expensive to profit and will shut down, not until then will we see a healthy rise in prices or an OPEC production cut.

Without one of these two things happening, the market remains very unstable, especially if we don't see a large uptick in demand.
Click to expand...
we had an internal call about this last week. A big chunk of the us producers are fully hedged for the next 8-12 months meaning that they are still selling at 80-90 per barrel (this is our portfolio which is the largest in the us top three in the world). Short term the market is somewhat steady. Next year, if prices have not moved, the chit is really going to hit the fan. Most can slightly mitigate prices with less capex spending but that again is a band aid. I am staying away from this sector all together.
 
sbonomo said:
fantasycurse42 said:
Long term I have mixed feelings about oil...

There is a chance storage reaches capacity - If that happens, oil can basically be halved again, even at these levels.

At some point, US production will be too expensive to profit and will shut down, not until then will we see a healthy rise in prices or an OPEC production cut.

Without one of these two things happening, the market remains very unstable, especially if we don't see a large uptick in demand.
Click to expand...
we had an internal call about this last week. A big chunk of the us producers are fully hedged for the next 8-12 months meaning that they are still selling at 80-90 per barrel (this is our portfolio which is the largest in the us top three in the world). Short term the market is somewhat steady. Next year, if prices have not moved, the chit is really going to hit the fan. Most can slightly mitigate prices with less capex spending but that again is a band aid. I am staying away from this sector all together.
Click to expand...
I bought a gasoline index which I plan to hold for a long time... Outside of that, I'm avoiding the space too.

 
fantasycurse42 said:
Guys, I got a live one... Company called Enron, can't go any lower!

You're Welcome!
Click to expand...
Funny you say that. When I was about Em's age, I thought I was a stock market genius, too. I picked three stocks at random. I did some research, but nothing more than reading a few articles. One was Red Hat, and I don't remember the other two. But both went through the roof. I thought that I might have a knack for that type of thing. The next two stocks I picked were Pets.com and some other internet bust I don't remember. Both failed miserably. I followed that by saying Enron was going to make a comeback after it's first tumble.

It was then that I realized I was nothing special. I had merely got lucky picking my first 3 stocks. And really, all I did was read someone else's write up on it saying to buy them. Luckily I never put any money into them. I learned the easy way that I had no business being in stocks. Em will realize that someday. But the fact that he's wasting money on his learning experience means his lesson will be much costlier than mine.

 
TheIronSheik said:
fantasycurse42 said:
Guys, I got a live one... Company called Enron, can't go any lower!

You're Welcome!
Click to expand...
Funny you say that. When I was about Em's age, I thought I was a stock market genius, too. I picked three stocks at random. I did some research, but nothing more than reading a few articles. One was Red Hat, and I don't remember the other two. But both went through the roof. I thought that I might have a knack for that type of thing. The next two stocks I picked were Pets.com and some other internet bust I don't remember. Both failed miserably. I followed that by saying Enron was going to make a comeback after it's first tumble. It was then that I realized I was nothing special. I had merely got lucky picking my first 3 stocks. And really, all I did was read someone else's write up on it saying to buy them. Luckily I never put any money into them. I learned the easy way that I had no business being in stocks. Em will realize that someday. But the fact that he's wasting money on his learning experience means his lesson will be much costlier than mine.
Click to expand...
So you're saying I'm going to grow up to be the most popular guy on FBG? :)

 
Eminence said:
TheIronSheik said:
fantasycurse42 said:
Guys, I got a live one... Company called Enron, can't go any lower!

You're Welcome!
Click to expand...
Funny you say that. When I was about Em's age, I thought I was a stock market genius, too. I picked three stocks at random. I did some research, but nothing more than reading a few articles. One was Red Hat, and I don't remember the other two. But both went through the roof. I thought that I might have a knack for that type of thing. The next two stocks I picked were Pets.com and some other internet bust I don't remember. Both failed miserably. I followed that by saying Enron was going to make a comeback after it's first tumble. It was then that I realized I was nothing special. I had merely got lucky picking my first 3 stocks. And really, all I did was read someone else's write up on it saying to buy them. Luckily I never put any money into them. I learned the easy way that I had no business being in stocks. Em will realize that someday. But the fact that he's wasting money on his learning experience means his lesson will be much costlier than mine.
Click to expand...
So you're saying I'm going to grow up to be the most popular guy on FBG? :)
Click to expand...
I wouldn't say I'm the most popular, but I'm definitely in the top 10,000. But what I'm saying is, I hope you realize soon that you're not a stock market savant. The quicker you learn that, the better off you'll be.

 
TheIronSheik said:
Eminence said:
matuski said:
Eminence said:
I'm grabbing some McDonalds then heading to the gym. Waiting for my horde of money to come in.
Click to expand...
Got any workout tips?

I want guns like yours.
Click to expand...
Don't stop bench pressing, ever. Become autistic about it. Wake up and don't do any daily routines until you've bench pressed for the day.
Click to expand...
WTF? :confused:
Click to expand...
IIRC, Poopsecret made a wildly inaccurate Autism comment the other day too...

 
fantasycurse42 said:
TheIronSheik said:
Eminence said:
matuski said:
Eminence said:
I'm grabbing some McDonalds then heading to the gym. Waiting for my horde of money to come in.
Click to expand...
Got any workout tips?

I want guns like yours.
Click to expand...
Don't stop bench pressing, ever. Become autistic about it. Wake up and don't do any daily routines until you've bench pressed for the day.
Click to expand...
WTF? :confused:
Click to expand...
IIRC, Poopsecret made a wildly inaccurate Autism comment the other day too...
Click to expand...
Woah, woah, so now you're saying the movie Rainman is inaccurate?

 
Eminence said:
fantasycurse42 said:
TheIronSheik said:
Eminence said:
matuski said:
Eminence said:
I'm grabbing some McDonalds then heading to the gym. Waiting for my horde of money to come in.
Click to expand...
Got any workout tips?

I want guns like yours.
Click to expand...
Don't stop bench pressing, ever. Become autistic about it. Wake up and don't do any daily routines until you've bench pressed for the day.
Click to expand...
WTF? :confused:
Click to expand...
IIRC, Poopsecret made a wildly inaccurate Autism comment the other day too...
Click to expand...
Woah, woah, so now you're saying the movie Rainman is inaccurate?
Click to expand...
I was wrong, it was Eminence who made the comment... I remembered following-up on it:

https://forums.footballguys.com/forum/index.php?/topic/725277-how-smart-do-you-consider-yourself/?p=17841787

 
Last edited by a moderator:
I'd also like to add this:

From your comments, you appear to be going in the wrong direction... You sound like someone who not only doesn't have their #### together, but doesn't even comprehend how to get it together. You should be moving in the opposite direction. I think you're in the 23-25 range - I was in this range when I finally put the pieces together. I'm not saying I was a mess, but I partied my face off while making a lot of bad choices (this also includes nailing a lot of chicks, which based off of your comments, appears out of your wheelhouse). 8 years later and I'm doing very well for myself.

No shtick, I'd think long and hard about my future, goals, and what I need to do to accomplish this. I'd also question why I hate people that have zero impact on my life.

Beyond that, your autism comments are ignorant and show where you stand on the intelligence scale. I have a friend who has a child on the spectrum, sweetest little boy ever... Very intelligent, just appears uncomfortable in social settings and sometimes withdrawn, but quite smart and trying very hard to work through his disorder. I'd wager that by the time this 5 year old child turns 23, he is miles ahead of where you are.

 
Last edited by a moderator:
fantasycurse42 said:
I'd also like to add this:

From your comments, you appear to be going in the wrong direction... You sound like someone who not only doesn't have their #### together, but doesn't even comprehend how to get it together. You should be moving in the opposite direction. I think you're in the 23-25 range - I was in this range when I finally put the pieces together. I'm not saying I was a mess, but I partied my face off while making a lot of bad choices (this also includes nailing a lot of chicks, which based off of your comments, appears out of your wheelhouse). 8 years later and I'm ahead of about 99.99% of the people in the world that are in my age range.

No shtick, I'd think long and hard about my future, goals, and what I need to do to accomplish this. I'd also question why I hate people that have zero impact on my life.

Beyond that, your autism comments are ignorant and show where you stand on the intelligence scale. I have a friend who has a child on the spectrum, sweetest little boy ever... Very intelligent, just appears uncomfortable in social settings and sometimes withdrawn, but quite smart and trying very hard to work through his disorder. I'd wager that by the time this 5 year old child turns 23, he is miles ahead of where you are.
Click to expand...
That's pretty harsh... but accurate.

He just wants to throw darts out there in the market, let him. I mean, he's sticking purely to the energy sector... let's not be that harsh until he starts picking out of the medical/healthcare sector?

 
fantasycurse42 said:
I'd also like to add this:

From your comments, you appear to be going in the wrong direction... You sound like someone who not only doesn't have their #### together, but doesn't even comprehend how to get it together. You should be moving in the opposite direction. I think you're in the 23-25 range - I was in this range when I finally put the pieces together. I'm not saying I was a mess, but I partied my face off while making a lot of bad choices (this also includes nailing a lot of chicks, which based off of your comments, appears out of your wheelhouse). 8 years later and I'm doing very well for myself.

No shtick, I'd think long and hard about my future, goals, and what I need to do to accomplish this. I'd also question why I hate people that have zero impact on my life.

Beyond that, your autism comments are ignorant and show where you stand on the intelligence scale. I have a friend who has a child on the spectrum, sweetest little boy ever... Very intelligent, just appears uncomfortable in social settings and sometimes withdrawn, but quite smart and trying very hard to work through his disorder. I'd wager that by the time this 5 year old child turns 23, he is miles ahead of where you are.
Click to expand...
Bro, I thought we were cool.

I appreciate your concern but you know just as much about my life as I do about picking stocks. My life is better now than it's ever been before.

1.) I've got more savings than ever before.

2.) I'm in the best physical shape of my life.

3.) I weigh more now than I ever have before.

4.) I acquire my Associates in Business w/ a concentration in Accounting in May.

5.) I get to attend a University this fall. I have the option of attending a school 10 minutes away from the beach in Florida.

If your rant was about my autistic comment, then I'm sorry. But I was making a tongue-in-cheek joke similar to what the entire movie Rainman is about. Do you hate that movie or understand it may be purely for entertainment? Hyperbole my good man.

 
Statistically speaking, if you have enough friends, someone will have a child with autism. Autism, amongst quite a few other disorders are something that I don't find much humor in, and my sense of humor is far from dry... Two comments in a one week stretch that show you have little understanding of what autism is... I'm sure you can go google some stuff to pretend you know what you're talking about, but based off of the context of your jokes, you are clueless on this topic.

Also, if you are using margin on stocks like you posted, you can anticipate having zero dollars within a month. I'd strongly reconsider my investment strategy if I was you.

 
fantasycurse42 said:
Statistically speaking, if you have enough friends, someone will have a child with autism. Autism, amongst quite a few other disorders are something that I don't find much humor in, and my sense of humor is far from dry... Two comments in a one week stretch that show you have little understanding of what autism is... I'm sure you can go google some stuff to pretend you know what you're talking about, but based off of the context of your jokes, you are clueless on this topic.

Also, if you are using margin on stocks like you posted, you can anticipate having zero dollars within a month. I'd strongly reconsider my investment strategy if I was you.
Click to expand...
I think we should see other people.

 
fantasycurse42 said:
Lastly, your portfolio is down from $100k to $82k in one day... I'm keeping tabs.
Click to expand...
I don't know what your notebook says. But I broke even on WLT and on UWTI I purchased at $2.58 a share and forecasted a week's time to turn a profit. Perhaps we should give me a week's time to see how things play out before slandering my name with misinfo.

Also, I'm confused...

When did I put all $100,000 into WLT? That would be a very silly move for a company about to go bankrupt. UWTI on the other hand, I'm more than happy to put $25,000 of my $100,000 into if you really want to keep tabs.

Suggested Price: $2.68 (-6.3%)

What I actually bought at: $2.62 (-3.9%)

You should probably let my suggestion settle for more than 5 hours before you start telling me how much I've lost based on a portfolio where you've allocated my funds for me. Nah' what I'm saying?

 
Last edited by a moderator:
I'm very sorry for this pissing contest everyone, I don't want to push anyone away from these marvelous stock tips. I will try to offer increased transparency to avoid stuff like this.

I hope all of you are having a fantastic day, enjoy the weather. :)

 
Last edited by a moderator:
Walking Boot said:
Eminence said:
Eminence said:
fantasycurse42 said:
Nice little 15% hit in a little over an hour...
Click to expand...
DOUBLE OR NOTHING!$0.57 a share.
Click to expand...
Eminence said:
Yep, our break even point is $0.61 a share. I'm gonna sell if it gets there.
Click to expand...
Click to expand...
How did you Buy at 0.65, sell at 0.58, buy again at 0.57, and sell at 0.61 to break even? You lost 7 cents a share on the first trade, then made back 4 cents. Net loss of three cents a share.
Click to expand...
He's rolling

ETA: We also sold at $.55 if you check the timing of his sinking ship post.

 
Last edited by a moderator:
You must log in or register to reply here.

Similar threads

Andrew74
2025 FBG Stock Contest
2
Replies
70
Views
2K
BassNBrew
BassNBrew
SwampDawg
Fanatics - How does this company stay in business?
Replies
13
Views
539
kupcho1
kupcho1
J
Any advice for 1 day at Orlando theme park in Oct (weekday) no kids..... possible Star Wars if the hype calmed down?
Replies
5
Views
247
belljr
belljr

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Back
Top