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04-03-2022, 01:25 PM
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#16
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Tiny
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Please note that changing the terms of federal leases is akin to thievery. While we have no idea exactly how the Biden administration intends to modify those terms, we can guess he'll make them more like some of the more onerous terms in some leases on privately-owned ("fee") lands
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Cry me a river about changing terms....how about the companies hurt by Trumps tax war with China?
And I already know if it is the Biden Administration you are going to speculate like Chicken Little about how how unfair something is THAT HASN'T EVEN HAPPENED.
But if you're so sure and just not talking partisan shit on a hooker board...explain how we can make money shorting energy.
Because if you can't, I'm doing like Warren Buffett and buying more!
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Quote
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04-03-2022, 01:32 PM
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#17
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 8,757
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Quote:
Originally Posted by WTF
Cry me a river about changing terms....how about the companies hurt by Trumps tax war with China?
And I already know if it is the Biden Administration you are going to speculate like Chicken Little about how how unfair something is THAT HASN'T EVEN HAPPENED.
But if you're so sure and just not talking partisan shit on a hooker board...explain how we can make money shorting energy.
Because if you can't, I'm doing like Warren Buffett and buying more!
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I'm not a fan of shorting oil and gas companies. If the price of oil goes to $200 a barrel you're fucked. And in fact I've got a significant position (for me) in shares of companies that produce fossil fuels. The majority is invested in foreign companies, which are not subject to the whims of Biden et al.
As to "short energy," I have shorted a way-overvalued truck EV company, but it's a tricky business because rates to borrow the shares can shoot sky high, your shares can get bought in, your broker can raise margin rates, etc.
Now please answer my question in Vitaman's thread. I'm serious -- I don't even look at publicly traded partnerships because I suspect they're tax traps, when you sell the shares. If I'm mistaken I'd like to know.
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Quote
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04-03-2022, 01:32 PM
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#18
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AKA ULTRA MAGA Gurl
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,683
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Quote:
Originally Posted by WTF
What you two do not get is that Biden is changing the narrative that there are not approved permits...
Did eith of you read the article? Both of you understand that energy companies actually like elevated oil prices?
There is this whole false narrative circulating that high oil prices are due to Biden. That is horseshit and both of you know it.
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so it's Putin's fault after all. who knew?
bahhahaaaaaaa
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04-03-2022, 01:40 PM
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#19
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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And it smells sweet
Quote:
Originally Posted by The_Waco_Kid
so it's Putin's fault after all. who knew?
bahhahaaaaaaa
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Awwww....are your stocks still down?
Remember Wacko....you posted the "Greed is Good"... Gordon Geko reminder.
CEO's, investors and stockholders are being greedy!
Fuck you and your high gas prices complaints.
Those of us invested in energy are smelling money from our greedy little noses!
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Quote
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04-03-2022, 02:07 PM
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#20
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AKA ULTRA MAGA Gurl
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,683
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Quote:
Originally Posted by WTF
Awwww....are your stocks still down?
Remember Wacko....you posted the "Greed is Good"... Gordon Geko reminder.
CEO's, investors and stockholders are being greedy!
Fuck you and your high gas prices complaints.
Those of us invested in energy are smelling money from our greedy little noses!
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and i told you i have Kinder Morgan and Valero stock. you gonna tell me they are "dogshit" stocks?
the overall market is down. perhaps it has to do with some fracus in Ukraine?
but hey you put all yer chicken eggs in one basket then what happens when oil falls and it will. you might be left with egg on yer face.
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04-03-2022, 02:12 PM
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#21
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by The_Waco_Kid
and i told you i have Kinder Morgan and Valero stock. you gonna tell me they are "dogshit" stocks?
the overall market is down. perhaps it has to do with some fracus in Ukraine?
but hey you pull all yer chicken eggs in one basket then what happens when oil falls and it will. you might be left with egg on yer face.
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So...you seem to have a couple of shares of every sector!
A Fox in the Hen House loves egg on the face
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04-03-2022, 02:15 PM
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#22
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AKA ULTRA MAGA Gurl
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,683
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Quote:
Originally Posted by WTF
So...you seem to have a couple of shares of every sector!
A Fox in the Hen House loves egg on the face ![Clapping](https://cdn-w.eccie.net/images/smilies/modern/clapping.gif)
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a few shares? if you say so
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04-03-2022, 02:36 PM
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#23
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 8,757
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He's got a point WTF. I think you said you had 70% of your portfolio in energy shares?
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04-03-2022, 03:05 PM
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#24
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AKA ULTRA MAGA Gurl
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,683
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Quote:
Originally Posted by WTF
So...you seem to have a couple of shares of every sector!
A Fox in the Hen House loves egg on the face ![Clapping](https://cdn-w.eccie.net/images/smilies/modern/clapping.gif)
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Quote:
Originally Posted by The_Waco_Kid
a few shares? if you say so
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here's a few items from my investments. let's see if you approve.
kinder morgan $7,700
valero $10,000
here is a investment similar to km but for water infrastructure and piping not oil
american water works $17,000
one of several tech stocks ..
applied materials $ 12,000
i hear there is a chip shortage. so i recently got in applied materials
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Quote
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04-03-2022, 05:46 PM
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#25
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Valued Poster
Join Date: Apr 4, 2011
Location: sacremento
Posts: 3,495
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Quote:
Originally Posted by The_Waco_Kid
here's a few items from my investments. let's see if you approve.
kinder morgan $7,700
valero $10,000
here is a investment similar to km but for water infrastructure and piping not oil
american water works $17,000
one of several tech stocks ..
applied materials $ 12,000
i hear there is a chip shortage. so i recently got in applied materials
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Applied Materials is a good company. You're like Gordon Geiko in the movie Wall Street, you hear things.
Didn't you post on here your entire portfolio a couple years back? You over ruled your broker on IBM stock. He wanted to sell it and you wanted to keep it.
I like Applied Materials and IBM. Nothing wrong with those two.
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04-03-2022, 06:13 PM
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#26
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by The_Waco_Kid
here's a few items from my investments. let's see if you approve.
kinder morgan $7,700
valero $10,000
here is a investment similar to km but for water infrastructure and piping not oil
american water works $17,000
one of several tech stocks ..
applied materials $ 12,000
i hear there is a chip shortage. so i recently got in applied materials
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I approve!!!
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Quote
![Like](/images/like.png) | 1 user liked this post
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04-03-2022, 06:14 PM
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#27
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Tiny
He's got a point WTF. I think you said you had 70% of your portfolio in energy shares?
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I've always been a gambler!
And it is closer to 50 but committed none the less
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04-03-2022, 07:30 PM
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#28
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 8,757
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Quote:
Originally Posted by WTF
I've always been a gambler!
And it is closer to 50 but committed none the less ![Trampoline](https://cdn-w.eccie.net/images/smilies/modern/trampoline.gif)
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If you go broke I'll send you canned foods. But you'll have to agree to quit voting for Democrats. You can vote Libertarian if you want, I realize Republican might be a bridge too far for you.
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04-03-2022, 10:34 PM
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#29
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Premium Access
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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wtf is short of a few loose screws.
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04-03-2022, 11:07 PM
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#30
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Valued Poster
Join Date: Oct 7, 2010
Location: Planet Earth
Posts: 10,521
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I hate to tell you this WTF, but sometimes you have to just agree to disagree. You have your beliefs about energy and others who you are arguing with don't agree with you. They won't change your mind and you won't change their minds. It is what it is.
There is a reason why boxing matches are limited to twelve rounds, and they stop the fight and they let the judges decide the winner. I could be incorrect, but the longest sanctioned boxing match ever went on for over 100 rounds and it was called a "no contest" for a reason because nobody could win.
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