Pembina (PBA / PPL)

[The_Krakenite]

I regret not purchasing some more LOTs of this pipeline earlier. Naturally, with the war in Europe, this thing just keeps going up like gold. I already closed out my short calls at quite an expense, and am wondering if there is a way to grab these at a later time.

The Theory:

• As the west prepares to dig in for one of the biggest recessions we've had in a LONG time, just maybe the OIL stocks will come down with most everything else as the pain from interest rates, lack of earnings, etc. etc. etc. continue to stack weight.

• OIL has a tendancy to go through sharp downward falls when recessions hit, so this should have negative effect on earnings (at least until recession is over in a few years).

Yes, maybe THIS TIME IS DIFFERENT because we have a war in the European theater with one of the major suppliers (and friends) screwing the Western nations.

But... with these two theories, just maybe there will be a chance by end of 2022 or 2023 to grab Pipeline stocks at a discount.

It's perhaps just a hopeful theory, wondering what everyone else's opinion is on this out of curiosity.

Knowing Murphies law, it's just liable to go down because I already covered my short-calls, LOL!

 

[SoyUnGanador]

Yea, you covered your shorts, its game over man, they are going to come in here and rip up everyone last one of those stock certificates...

 

[SoyUnGanador]

You can see the steep descent already got going just a bit after hours...

 

[maxinger]

You must zoom out the chart.


over the past 1 decade,

PBA
WENT UP
THEN DOWN
THEN UP
THEN DOWN
THEN UP

SO ?!?!??!
it will come down soon.

wait patiently to short it.

don't bother about that theory thing.

 

[SoyUnGanador]

I think that might be what Wade Cook would call a "rolling stock"...

 

[wastelands]

View attachment 286304

I regret not purchasing some more LOTs of this pipeline earlier. Naturally, with the war in Europe, this thing just keeps going up like gold. I already closed out my short calls at quite an expense, and am wondering if there is a way to grab these at a later time.

The Theory:

• As the west prepares to dig in for one of the biggest recessions we've had in a LONG time, just maybe the OIL stocks will come down with most everything else as the pain from interest rates, lack of earnings, etc. etc. etc. continue to stack weight.

• OIL has a tendancy to go through sharp downward falls when recessions hit, so this should have negative effect on earnings (at least until recession is over in a few years).

Yes, maybe THIS TIME IS DIFFERENT because we have a war in the European theater with one of the major suppliers (and friends) screwing the Western nations.

But... with these two theories, just maybe there will be a chance by end of 2022 or 2023 to grab Pipeline stocks at a discount.

It's perhaps just a hopeful theory, wondering what everyone else's opinion is on this out of curiosity.

Knowing Murphies law, it's just liable to go down because I already covered my short-calls, LOL!

you can always watch out for an abc correction even in very short time frames like 15 mins and get on the wagon somewhere

 

[SunTrader]

The cure for high prices is ... high prices.

 

[nitrene]

If oil prices tank the pipelines will follow suit. Happens every time even though the pros claim otherwise.

 

[The_Krakenite]

Well, seems the pipelines did tank a bit at the end of today. I saw the vol spike and was wondering 'wtf is going on?'. Then realized, the CPI comes out tomorrow... people are worried.