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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@HighheatLuke Gromen@LukeGromen 1m1 minute ago
Luke Gromen Retweeted 13D Research
Rapidly accelerating O/D deaths among prime working-age Americans (ages 25-44) is a sign the US economy is much sicker-than-advertised.Luke Gromen added,
@HighheatIs there one oil bull left on the planet? We have been reduced to weekly data watchers with long term analysis being next Wednesday. I miss the insight and vision of Matt Simmons and how he was able through hard work, look at the available data and have a vision of the future of long term oil supply/demand. I would appreciate if any knows someone I could follow with a bullish perspective on oil. Being bearish is easy, but betting against the massive wall of shorts from the hedge fund community is hard. That being said I am starting to buy back producers that have drifted to the bottom of their trading range. $TGA
@BruceWayneI'm a bull @Highheat, but for geopolitical reasons. Been doing the same, buying large cap producers. Taking a long term approach though, not sure whatll happen in the next 6-12 months but I have a lot of faith that in a couple years people will wish they had bought at oil 54/bbl
@BS@highheat#oil shale oil and the technological advances have truly been a revolution this past decade. And during a revolution the world changes, so you can't compare before and after. So far this mostly meant increases in N American production, but if you think the technology won't reach the Middle East, you're hallucinating. The biggest oil fields in the world are found in the ME. They can replicate the US shale revolution. The world is awash in oil in a period that demand isn't growing significantly. If you want to invest in a growing part of the energy industry, take a look at renewables. Sure, they're starting from a small base, but annual growth rates are much higher than for fossil fuels. That's going to be the case for the coming decades. Peak oil is dead.
@Highheat@BS It's a wrong to think the Middle East will replicate what has happened in N. America. First they have massive porosity in the Super K zone in The Super Giant fields not tight with hyperbolic declines like US Shale. Second they already use world class tech at Saudi Aramco. I may be wrong about Peak Oil but I don't think so it's just been a perfect supply storm coupled with a global soft depression. I get your arguments but that is a very crowded trade and I think you will see a real push back to conventional oil soon. None of these clowns have made any money look at Continental for the poster boy.
@Vaughan@FUNDAMENTALANALYSIs , great nugget to be tagged to #newbies right there. And i totally agree with you, royalty/streamers make their money off of actual production. Just want to give a shout out to my man @highheat who, during the december dip, built a large position in $hum.l. Good call, probably should have followed you in it.
@Highheat@slowtrain I am somewhat surprised that i am finding the value in quality explorers with high quality land positions at a reasonable price. Secondly as fred hickey said a higher gold price takes care of a lot of problems with miners like a 1 penny miss in EPS. Third no one really believes in this rally at this point.
@Highheat#KITCO had no reason to explain the miners bombing, I checked. But just watch in the morning they will have at least 3 stories to explain today. And I'm sure all the rest of the "goldbugs friend" media will as well. Higher rates, strong dollar, hedge fund rotation, Trump tweet, the Euro. You choose, you lose.