J JRausch Apr 23, 2020 #1 Whiting Petroleum made round about 130% today. Is it rational to short it this afternoon?
kmiklas Apr 23, 2020 #2 It might be rational... but that doesn't necessarily mean profit. Do you think that Uncle Jerome will step in and bail them out?
It might be rational... but that doesn't necessarily mean profit. Do you think that Uncle Jerome will step in and bail them out?
J JRausch Apr 23, 2020 #3 I think that Whiting Petroleum won't end up with over 100% at the end of the day. They probably will regain their economical strength in the next month(s), but that "hype" that was created in the last hours won't last that long.
I think that Whiting Petroleum won't end up with over 100% at the end of the day. They probably will regain their economical strength in the next month(s), but that "hype" that was created in the last hours won't last that long.
kmiklas Apr 23, 2020 #4 Careful! Whiting Petroleum is filing for bankruptcy. https://www.marketwatch.com/story/w...ity-to-keep-operating-its-business-2020-04-01
Careful! Whiting Petroleum is filing for bankruptcy. https://www.marketwatch.com/story/w...ity-to-keep-operating-its-business-2020-04-01