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Rex Intl
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Rex International
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luckyboy22
Supreme |
19-May-2020 11:51
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Later it chiong to 150 and shortists die standing  ![]()
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luckyboy22
Supreme |
19-May-2020 11:49
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Good one! 
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GreenUP
Senior |
19-May-2020 11:43
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Shortish die today | ||||
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josh8696
Member |
19-May-2020 11:40
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Another shortlist. Enough of you fear mongers. Dare to short but can' t withstand the pressure
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wenyen
Master |
19-May-2020 11:23
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WTI down 1%, sell now | ||||
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benjidog
Supreme |
19-May-2020 10:50
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so far 50M volume....on small movements.... Waiting for BB to provide direction....start rocket after lunchbreak? |
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HendriJB
Supreme |
19-May-2020 10:38
Yells: "Breathe, Step Back - Think " |
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Thanks for the details 👍
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TANPK123
Elite |
19-May-2020 10:37
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Laster after 2pm. BBs wake up. Fund in. Investor and all BBs in.price will start to roll up 150. Road block 147 148. Who can help to clear. | ||||
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benjidog
Supreme |
19-May-2020 10:33
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Yes....EIA already forecasted that USA Oil production will dip in June...worse in Permian oil fields.... so yup.....remember that meeting trump had with the oil Executives (I mentioned this before)...it was a close door meeting.....and the press coverage fizzled....becos Trump already knew that the mid size Shale plays already die die then....soon...USA oil likely dominated by oil majors only....and even the oil majors also cut back Capex spending.....what does all this mean?  It does mean that USA oil supply will get reduced.....the Big oil eat the smaller....but when the world completes its reset and restarts after Covid (yes...I still think got hope, just like after SARS)....then oil price will be higher....maybe 50 will be new average..... and 1 year down the line, BIG Condition = World does not lapse into World Depression/Recession, then once China and USA restart economies (closer to Trump re-election/Biden Fight in Nov), the oil price should be in 65 per barrel range.  
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benjidog
Supreme |
19-May-2020 10:24
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GREEN...UP | ||||
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HendriJB
Supreme |
19-May-2020 10:22
Yells: "Breathe, Step Back - Think " |
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Full story
https://www.forbes.com/sites/christopherhelman/2020/05/18/oil-is-back-tweets-trump-not-so-fast-says-reality/
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guards80
Supreme |
19-May-2020 10:22
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Hmm yes need retance before next run. 😉
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HendriJB
Supreme |
19-May-2020 10:20
Yells: "Breathe, Step Back - Think " |
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Hi Benji and Friends
read this found in Forbes site. President Trump helped to spur the rally, tweeting this morning ?OIL (ENERGY) IS BACK!!!!? If only four exclamation marks made it so. Sure, relative to the negative oil prices we saw last month, $33 looks downright juicy, but it?s not ? except for bankruptcy attorneys. Indeed, Ken Coleman, who runs the restructuring practice at law firm Allen & Overy says he?s telling clients the bankruptcies are ramping up. (There?s going to be a major wave of restructuring) starting mid June, he predicts. Since February, credit spreads on high-yield oil and gas bonds have exploded out by 1,000 basis points against 10-year Treasuries, reflecting the additional yield that investors demand for holding risky bonds. In the past month we?ve seen restructurings announced at Ultra Petroleum, Fieldwood Energy, Whiting Petroleum, Sanchez Energy, Diamond Offshore DO and others. Plenty more are reportedly prepping Chapter 11 filings, including Oasis Petroleum, Denbury DNR Resources, FTS International, and the onetime champion of the Great American Fracking Boom: Chesapeake Energy. |
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benjidog
Supreme |
19-May-2020 10:15
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yup...possible to dip to low of 138-140.... then higher? unless shortstick is right....then 145 is ceiling...hahahhaha
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HendriJB
Supreme |
19-May-2020 10:12
Yells: "Breathe, Step Back - Think " |
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Maybe Rex International rising
because of EGM/AGM 21 May 2020 |
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guards80
Supreme |
19-May-2020 09:52
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Ya. Suddenly alot seller coming out should be shortist coming attack
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maccer
Master |
19-May-2020 09:41
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Possible........just no one could imagine the oil traded negatively in the past. 
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guards80
Supreme |
19-May-2020 09:37
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140?
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maccer
Master |
19-May-2020 09:34
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Reasons for buy back varies. To maintain a healthy share price and also collect back shares at low price. I would rather favor the previous beacause investors confident and trust are keys! No point pressing the share price low to gain rather then to maintain stability. I would think it will go up slowly but surely depending on the oil market! I might be wrong!  
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StevenKan
Master |
19-May-2020 09:29
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Just a lame question....if share buy back program kick in, the impact will be up or down to the share price?
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