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 Posted: Tue, 12th Jan 2016 03:23 Post subject: |
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I wouldn't put much value into what they put out. They skim over numbers and don't look deeper into it. They miss the key fact that a good portion of the debt EXXI holds is unsecured, and if you reference the article I posted earlier this is kind of a big deal.
On a positive side oil going down this much means the rebound will be even more massive when it happens.
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| Posted: Tue, 12th Jan 2016 07:10 Post subject: |
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I could get rich with 10k investment. Unfortunately, it's secret how.
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Invasor
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HubU
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| Posted: Tue, 12th Jan 2016 23:20 Post subject: |
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EXXI: 0.80 Down 0.15(15.78%)
They are getting hammered!
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
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| Posted: Wed, 13th Jan 2016 02:39 Post subject: |
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| Posted: Wed, 13th Jan 2016 02:48 Post subject: |
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| HubU wrote: | EXXI: 0.80 Down 0.15(15.78%)
They are getting hammered! |
The fear is incredible. Bond prices still haven't changed. Bought more today.
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tonizito
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| Posted: Wed, 13th Jan 2016 02:49 Post subject: |
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| Mchart wrote: | | HubU wrote: | EXXI: 0.80 Down 0.15(15.78%)
They are getting hammered! |
The fear is incredible. Bond prices still haven't changed. Bought more today. |
Can I paypal you 10€ so you can get me some of those? 
| boundle (thoughts on cracking AITD) wrote: | | i guess thouth if without a legit key the installation was rolling back we are all fucking then |
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| Posted: Wed, 13th Jan 2016 03:00 Post subject: |
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It's worth reiterating that current oil prices are based on fear and media driven sentiment, and not reality. Again, there is less then a weeks worth of supply in storage and production is less then 1% over demand. Production numbers are estimated to fall by 1 million bpd by the end of the year due to these prices.
When the speculation meets reality again the pop in prices will be incredible, and you can't just turn rigs back on to meet ever increasing demand.
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HubU
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| Posted: Thu, 14th Jan 2016 02:45 Post subject: |
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How much money would you need to invest to make actually some money out of it? Waiting for some tiny tax return and bonus (because I'm such a good employee  ) that I might actually consider investing a tiny bit 
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HubU
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| Posted: Thu, 14th Jan 2016 03:12 Post subject: |
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| Posted: Thu, 14th Jan 2016 03:21 Post subject: |
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See my articles from pages back.
I still maintain it presents an excellent risk / reward scenario.
I have to believe this is the bottom for oil. Any cheaper and the prices will completely decouple from the world economy.
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HubU
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| Posted: Thu, 14th Jan 2016 03:30 Post subject: |
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Crude is still droping over in Tokyo. Jesus K Krist, it's money-making time.
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
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| Posted: Thu, 14th Jan 2016 03:39 Post subject: |
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My major concern here is the length of time and Exxi's cash on hand, at $40 per barrel we were laughing all the way to 2017-2018. With current price defying logic how long can Exxi hang on? at 10-20 a barrel prices going to burn cash 2-3x faster not to mention chance of delisting hurting the stock.
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| Posted: Thu, 14th Jan 2016 03:40 Post subject: |
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The delisting is the major concern, i'm not concerned about them hanging on though.
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HubU
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| Posted: Thu, 14th Jan 2016 03:45 Post subject: |
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| AmpegV4 wrote: | | My major concern here is the length of time and Exxi's cash on hand, at $40 per barrel we were laughing all the way to 2017-2018. With current price defying logic how long can Exxi hang on? at 10-20 a barrel prices going to burn cash 2-3x faster not to mention chance of delisting hurting the stock. |
From what I gathered, they could hold out for another year with prices around 25-30. If it dips around 20-25$, it would be for a brief and fleeting moment, since those prices are unsustainable for everyone, even the Saudis, whose budget is 80% made by oil sales.
China is pressuring for higher prices since cheap oil means more oil consumption which means more pollution (and god knows they are struggling with it).
US & EU ain't too happy either, since their oil companies are only really profitable when the barrel's above 55-60$.
It simply can't continue like this.
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
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| Posted: Thu, 14th Jan 2016 03:50 Post subject: |
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I consider creating a depot and buying 300-500 euro worth and see what happens... The question is, when do I sell if I see spikes? What is the tactic here? Invest 500 and then wait until oil eventually gains value again and the company stock goes back to 30$, equaling a 40x return on investment, or do you say, ok it popped to $2 from $0.72, which is more than 100%... And what then... do I put in back what I invested in the beginning? Basically saving the investment ...
halp plox. I do have time til tomorrow 15:30CET (9:30am NY time) to open my depot and buy exxi at this low price, right?
Eh, just created my depot at my bank but it'll take some days it says  fuk.
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HubU
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| Posted: Thu, 14th Jan 2016 03:59 Post subject: |
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Wait a bit longer, it hasn't hit the bottom yet. You could pull out the equivalent of your initial investment after a while, but selling when it hits 2€ would be ridiculous, especially with the fees applied for the transaction (I don't know who your broker is, but it can be quite hefty if it's a regular bank).
When the oil takes of, you could wait until it hits at least 5$ to take back that amount and basically wait for it to hit a more realistic high, while still playing it safe.
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
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| Posted: Thu, 14th Jan 2016 04:34 Post subject: |
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5€ per transaction and 20€/year for my depot. Also 25% taxes on my earnings.
So let's say I put in $500 at $0.72 per stock. = 695 shares.
Then it goes up to lets say $5 which is a 600% increase.
I'd only need to sell 125(100 shares for $500 and 25 shares for the 25% tax=$125) shares and would have my investment back, leaving me with 570 shares. (with a value of $2,850).
Now if the shares raise to $10 that would make my shares value go up to $5,700 at which point I could take out $2500 ($2000 for me, $500 for taxes), leaving me with a nice $3,200 with 320 shares. More than half of my shares gone and net profit of $2000.
And if exxi goes up to $30 again, this would put my shares at $9,600 => $7,680 for me and my total return would be $9680-20€ transaction fees = net win of 8870€ for a 460€ investment = 19x what I invested for "free".
Does this sound realistic? ... sounds too fucking great to me 
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HubU
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| Posted: Thu, 14th Jan 2016 04:41 Post subject: |
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Well, it could. It won't happen overnight though, rather the opposite, and, again, it could also go the other way around, or stagnate at 4$ for a year.
You are making a bet that oil prices will be high enough for EXXI to be making a fat profit, that's about it.
It seems to me that unless the oil goes complete bananas, there is a clear, realistic chance to make a juicy profit within a year's timeframe.
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
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Invasor
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| Posted: Thu, 14th Jan 2016 19:02 Post subject: |
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| Posted: Thu, 14th Jan 2016 19:25 Post subject: |
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| Invasor wrote: | http://www.wsj.com/articles/oil-plunge-sparks-bankruptcy-concerns-1452560335
I think this is not the best time for beginners... |
It's all a part of the fear game.
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Invasor
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| Posted: Thu, 14th Jan 2016 19:42 Post subject: |
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Sure, and most of that "specialists" and "economists" say is bullshit. But it's not ideal to set sail in stormy weather unless you know what you're doing...
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| Posted: Thu, 14th Jan 2016 21:23 Post subject: |
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How would you "know what you're doing"? How would an experienced stock trader deal with a possible bankruptcy?
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Invasor
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| Posted: Thu, 14th Jan 2016 22:10 Post subject: |
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Well you can for instance analyze the company or the graphs yourself, instead of relying only on what someone said somewhere...
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| Posted: Fri, 15th Jan 2016 02:24 Post subject: |
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You won't make good gains in a stable market. Now is the perfect time to start.
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HubU
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