Hellyeah,
Yeah, hell oil now up again at 115.5, just makes these chips cheaper by the day. Yea, probably worth a patient lowball offer in the queue.
I put an order in for 30k at 97 after the last post, and lol, now the owner of another 28,701. Someone dumping "other peoples money" imo, otherwise there'd be a little more trickling, a little more poker, letting the buyers come up higher imo. One of the few stocks with fundamentals behind it that is not rising. This is going to be vertical takeoff when it happens.
It's the only resource stock I am buying atm, just trickling part of my increased borrowing margin on metals into this.
Half expecting another Wall Street tantrum, so only prepared to buy deep value atm, at least until reading the QRs. As long as production is holding up IPM is going have a cracker June QR, March should be good.
Anyway, my biggest position in oil now.
EL
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