Coach Genghis

This reminds me of a story….

[Coach Genghis @user878743]

@tradeoilstocks I trimmed but in hindsight I should have sold it all. As you said, it’s never different. This sector is for trading, not investing.

[Coach Genghis @user878743]

@RealPeterLinder Long term investors are headed to the food bank. You might have to pick up the bill at your coffee meet, the long term investors will need their change for bus fare.

[Coach Genghis @user878743]

@tradeoilstocks Not buying anything here. Been trimming some of my O&G holdings. I’ve round tripped too many times. But I’m an idiot and I’m still overweight O&G.

[Coach Genghis @user878743]

@tradeoilstocks Logically, this makes a lot of sense.
In reality, CVE may gap down tomorrow at open.

[Coach Genghis @user878743]

@tradeoilstocks When 90% of O&G and Venezuela “experts” predict oil will get slaughtered on open, maybe not a bad idea to take the opposite side.

[Coach Genghis @user878743]

@RealPeterLinder That’s fair. We have different objectives, I have zero skill in trading in and out and would lose my shirt. Best of luck Peter!

[Coach Genghis @user878743]

@RealPeterLinder It’s down about a percent on the weekly chart. Compare that to your spartan delta.
Are you going to ignore the repsol acquisition or the fact that net debt was reduced in most recent earnings?

[Coach Genghis @user878743]

@RealPeterLinder Peyto’s performance over the last few years suggests otherwise. Where other producers had to cut dividends, including reducing specials, Peyto kept chugging on.
Risk management is a real thing. Forecasting the weather, not so much.

[Coach Genghis @user878743]

@EnergyInvest0r @Kevin_AGraham It’s not a cut if you label it “special”

[Coach Genghis @user878743]

@Kevin_AGraham A lot of “experts” called this one wrong and doubled and tripled down. Easy to miss out on gains when pride and ego get in the way.

[Coach Genghis @user878743]

@tradeoilstocks Because I didn’t take profits like I promised myself the 100th time that I would the next time I get a chance.

[Coach Genghis @user878743]

@tradeoilstocks I’m holding until I see 6 hour spaces recommending oil shitcos.

[Coach Genghis @user878743]

@emmpeethree @ManitobaCanuck @Kevin_AGraham Trust him bro! 😂

[Coach Genghis @user878743]

@NuggetCapital 🤡 When dividend was over 8%, you said unsustainable, will be right sized via cut.
Not that yield is lower via SP appreciation, WCP no longer attractive to the dividend bros. Most dividend bros jumped in when it was 8.5% and made off like bandits.
Can’t make this shit up.

[Coach Genghis @user878743]

@oilmutt I’m in Canada and I voted for Trump. Don’t ask how, just trust me.

[Coach Genghis @user878743]

@MPelletierCIO

[Coach Genghis @user878743]

@NuggetCapital NCP batting a thousand. That’s the takeaway from your posts.

[Coach Genghis @user878743]

@LarryBoorstein @CollinRugg Here we have a great example of an educated fool.

[Coach Genghis @user878743]

@tradeoilstocks @RazorOil @SteveWps Do it! Start a small position and accumulate as you see fit.