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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.
@Highheat@Nobs Best estimate for global oil decline 3.3% and accelerating. That equates to over 3,000,000 barrels per year gone forever. We have just lived through a perfect storm for peak oil supply with oilsands, tech, shale Iraq, Iran, etc. With global demand growth of even 1% per year you will need well over 4 million new barrels a year to keep supply flat. That is not going to happen with current upstream spending so something has got to give.
@HRA-Coffinhttp://nihoncassandra.blogspot.ca/2006/08/enigma-of-martin-armstrong.html A lay person's 10 year old but largely accurate article on #Armstrong. Not really fraud, as we'd think of it anyway. They buyers of the "rescue bonds" knew what they were doing. The idea was that Armstrong would make back their losses trading, pay back the rescue bonds and interest to cover company's existing but hidden losses (what Armstrong was trying to help "rescue" them from). Nice, if unethical (if you were a shareholder of one of these companies that didn't know what was going on) concept. Only problem is that Armstrong, yeah THAT Armstrong, "The Forecaster" is apparently a really, really shitty trader who frittered away the money on losing market bets. I get you're in love with the guy @nobs and I know other fanbois but the simple truth, based on his actual trading history, is that he's quite terrible at predicting market movements. Nuff said.
@ayeyou@nobshere you posted... anonymous by the way $DBV Im out today !! Come to daddy - 2 13 Feb 2017, 14:00 Eric posted ...HRA-Coffin Wait, what? Three months of non-stop pumping of $DBV and you're out before the drill results are release @nobs? Hilarious. 23 13 Feb 2017, 14:17 . Looks like you did a little shearing yourself there nobs . Pumping $DBV while you were selling it. Got to give you creds though for getting out at the high. Rest will ride it all way down. Rule one. Never marry a stock.