ASAP even by your standards that's an odd one. Going back 6 months, USO is up....1.8%? (peaked up 13%?).

In that time HOS went up 62% at the peak (tripling from the lows btw), where sane traders (we are in a trading thread) sold. The November 2016 oil rally started with HOS at $3.50. Now that the rally has given up every penny (check the USO chart), HOS is at....$3.35.

I'm not exactly sure what you feel you've justified. The high risk plays were high risk and the sub $50 barrel sunk them. Nothing about this was hard or odd. Maybe in the value thread, sure. But we ain't there.

Probably the discussion was better served in the longer term thread both now and back then (time period I'm referring to was first week of January last year). I don't think anyone other than you on here has made money doing anything with HOS (moreso holders thanks to ahnuld), it's a dogshit stock and will continue to be. I remember someone was saying TDW showing weakness was good for HOS. If that's true then it must be the mother of all trades/buys right now with TDW trading at $.8 getting closer to insolvency & HOS pushing multi year lows at $3.

And what does even by my standards even mean raf? Didn't realize you knew what those were lol. I don't care what people post, I'd prefer no penny stocks and keep it to trades but we've had good off topic discussions in the past because this thread drives some traffic.

Obviously that's not true, lot of people did. But that's probably not the point of the discussion.

Btw if I don't know better, I'd say you're calling Ahnuld really bad at trading/investing?

Are we talking about the same stock? Who other than you has made anything off HOS esp since it was first suggested on this subforum?

I'm not familiar with ahnuld honestly so I can't comment. I just know he had a couple long threads of discussion and is a mod here so clearly he wields some influence when he posts a name he likes. That's it, not a comment on anything other than there has been plenty of posts on HOS since he first brought it up here.

About a half dozen guys did, I've still got some of their PM's about when to sell.

I recall a group of guys like Smokey who made 10-20% and sold on the early side, and then guys like Charlie who did 50-100%. But obviously your point is well taken, the value investors have been slaughtered like the pigs they are. You'll get no disagreements from me there.

I stand corrected, shouldn't have spoken in hyperbole. I should've said most of the time since it's been a horrible trade and/or investment and if it wasn't for your plays on those gaps last year, no one on here would be making any money on it.

I don't blame ahnuld either given his original thesis was when oil was a lot higher. Having said that it's pretty amazing how awful that specific sector has been, TDW reverse split has to be coming soon.

& I thought Andrew Left wanted all the press for himself today (re: MBLY short)... Ackman dumps entire VRX at $11, talk about a horrible trade/investment from the long side.

like 85% on the last run when it hit 9. I've jumped in and out of it a shitload of times based off news/trends over the past 2 years. I had a small amount (200 shares) I bought in an IRA that I was holding long term back when it was in the mid-teens but took the loss when it got back up to the 8s after the latest OPEC run.

Pretty much done with it for now though unless OPEC chatter picks up. Def running/ran out of time

I've traded in and out of HOS 3 times over the last 2 years but I don't post regularly enough in here that anyone really cares about my positions so don't bother showing

I did alright but nothing outrageous.

Working in oil and gas and seeing these busts twice now just re-enforces my belief that you can't buy and hold anything in this sector ..... I hold Suncor up as one of the greatest Canadian companies in our history and go look at a 15 year chart it's dogshit

The smart people (not you), called this when it was above $100, a year ago.

Why put the "not you" in there?

Freudian slip? I meant to say not Ackman. The goose was obviously cooked at $100. That much debt + that much fraud = the end. You wouldnt' do the fraud on that level if you had a viable business model without it.

checked the chart on HOS after mentioned here, entered off the 3 dollar support anticipating oversold bounce from oil, stop right below. AH looking nice!

28 shares.

It was a needle... who said you can't make money off this stock!?

Just coming off my first surprise stock collapse/looming bankruptcy. Sigh. Turned a very profitable 10 months of this into just a small positive on the year.

What ticker?

Honestly too embarrassed to mention it. It's not dead dead but it's lost 70% in a couple of weeks. There was a 50% bounce opportunity this morning on it that I missed because I was frozen on what to do with my pittance.

<---- BBV is that way

Market controls the fed, watch what happens when/if there is a correction that doesn't get snap bought. The re-rating of these odds just in the last couple weeks especially on the longer end proves how dislocated/one-sided the trade can get.

Having said that TLT is still flat on the year after today, given all the hype short rates & long inflation the long end refuses to budge (not to mention how much lower they are in Japan/Europe). There is a contradiction in the action that has to be resolved.

By market, I'm guessing you mean equities. True, but more likely there's a common driver making equities rally and Yellen to hike, which is that economic headwinds (e.g. commodities/energy bear market, Brexit, election uncertainty etc) are dissolved and are being replaced by a fiscally aggressive administration. The odds shifted dramatically the first few days of March, when Trump addressed Congress on Wednesday (1st), and S&P touches 2400 Thursday, and all fed members spoke on Friday.

And very odd behavior in the bond market, which I'm surprised isn't being discussed here. We should rename this thread to the "penny stock trading" thread.

I think the explanation is the evidence in front of us with the yield curve, we are in a shorter term bump in inflation in a much longer multi decade deflationary trend. Ten year note December 2015 when the first hike was announced was trading at 2.3% so we've really moved very little since, especially considering what equities have done in the same time period.

Hey stop talking badly about penny stocks! VRX will soon be a penny stock

Bought the FDAX gap open this morning and closed 70 ticks later. Overall volume is still very low, no big players in the market at the moment. As soon as volume picks up again, I expect to see bigger moves.
Also traded a CL breakout yesterday for +25 ticks.
I am getting mentored in technical daytrading based on volume profiles. It's a completely new world to me and so far it's really amazing to see how often prices show a reaction at certain predefined levels.