News I screwed up. OPEC said they aren't cutting production - GoFuckYourself.com

lezinterracial · 11-28-2014, 04:21 AM

Bought some Seadrill and BP. A couple of weeks ago. They say not to catch a falling knife.

Seadrill down 20% since I bought it. They announced no dividend. Down 8% in pre-market. Gonna be ugly.

This will be interesting cause the Keystone pipeline shouldn't even be an issue anymore.

arock10 · 11-28-2014, 08:43 AM

Yea saw things were way down today. Just did some black friday shopping and picked up some BP and CVX

TheSquealer · 11-28-2014, 08:44 AM

Start shorting Russian banks and betting against the Ruble..

dyna mo · 11-28-2014, 08:46 AM

opec is looking to wipeout USA frackers who are leveraged up the ass and can't make their debt payments at $70/barrel oil.

time to play hardball with the middle east. watch.

lezinterracial · 11-28-2014, 09:22 AM

Quote:

Originally Posted by dyna mo

opec is looking to wipeout USA frackers who are leveraged up the ass and can't make their debt payments at $70/barrel oil.

time to play hardball with the middle east. watch.

Yea, I agree. I'm wondering if demand is falling too. If the winter is pretty warm in Europe, won't see much demand for oil either.

11-28-2014, 04:21 AM	#1
lezinterracial Confirmed User Industry Role: Join Date: Jul 2012 Posts: 3,064	I screwed up. OPEC said they aren't cutting production Bought some Seadrill and BP. A couple of weeks ago. They say not to catch a falling knife. Seadrill down 20% since I bought it. They announced no dividend. Down 8% in pre-market. Gonna be ugly. This will be interesting cause the Keystone pipeline shouldn't even be an issue anymore. __________________ Live Sex Shows

11-28-2014, 08:43 AM	#2
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	Yea saw things were way down today. Just did some black friday shopping and picked up some BP and CVX __________________ Sup

11-28-2014, 08:44 AM	#3
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,072	Start shorting Russian banks and betting against the Ruble.. __________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

11-28-2014, 08:46 AM	#4
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 63,903	opec is looking to wipeout USA frackers who are leveraged up the ass and can't make their debt payments at $70/barrel oil. time to play hardball with the middle east. watch.