Nine did say Meg energy. Gotta keep in mind he's a Canuck
Beginning of a bear market 2022?
- Thread starter vincentnyc
- Start date
I've been in on Oil stocks and posting about them long before you ever did ( I posted numerous recommendations on here in fall 2020 ). I actually bought MEG the first time around $2.40 it's $19.46 now. MEG Energy is not a waste mgmt company. We actually aggressively put money into the energy sector right at the Covid bottom. I've posted on this topic dozens of times.
oh? I bought XOM back in 2021 when it was at the the bottom and clean energy and electric cars was all the rave. Bought it from support cause I like the risk reward ratio.
The bottom was in March/April 2020 with a significant follow up correction in Canada October 2020. I don't think you are understanding how big the stock moves were in Canada I didn't even want large caps here the money wasn't good enough. For example, Crew Energy was 0.14 it's now $5. Baytex Energy was $0.29 it's now $6.40. There are many more.
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yes 2020 was the bottom for xom....but my signal didn't bring me to them until 2021. btw...i also traded oil stonks before 2021 like vlo, xom, ec back in 2018. and xom from 2008 - 2014 (before my trading day...just investing...basically buy and hold. from 2008 - 2014...xom didn't do jack shit. all the money i made from xom from 2008 - 2014 was on dividends.
5/5/22...another beautiful day to short the stonk market!
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LOL/OK
NO wonder so many never saw that coming\ it never went up much monday\LOL
Looks like what happened later this week, people read your post,
some maybe expected vol on Fed week,
or read IBD website ''Relief Rally[Fed] Week??.
Or all those
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LOL/OK
NO wonder so many never saw that coming\ it never went up much monday\LOL
Looks like what happened later this week, people read your post,
some maybe expected vol on Fed week,
or read IBD website ''Relief Rally[Fed] Week??.
Or all those
maybe yesterday 5/4/22 late rally was to sucker in the new bulls and trap them? anyway....i'm loving shorting the stonk market today 5/5/22!
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LOL some did not get trapped if they had a trade order in; i still dont know if a monday upticks were a trap/LOL i just know i did not want any. I'm a woods man + seldom think positive about ''ticks'' LOL
I seldom if ever short; i use inverse ETFs , dont kow why they changed the name from short to inverse?? Maybe marketing??
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LOL;thats old news[4-29-2022] but good news.
Strange after i noted you here i seldom short, but use inverse ETFs.
My broker put some longs in my account[today!] i sold much earlier in Fed week\ i sold those + realized they were hinting to sell some more, or in my case do some more inverse ETFs .
I better call + thank them for thier error, cause i sure dont want to buy those longs, because of thier error\LOL
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