in April due to plummeting demand for the commodity and on extremely scarce storage facilities, particularly at a key hub in Cushing, Oklahoma. BB-energy bought 250,000 barrels of oilBut Portnoy said:"I paid, I have a couple of my watch list, like an OAS [Oasis Petroleum, a Texas-based fracking firm] stock, which can be up 30% one day, down 30% the next. I invested very little in it.
Portnoy said he expects the big 4 US airlines to post lower earnings, but still plans to hold airline"Like I'm not day trading, really the airlines, I bought them. I'm holding them eventually, they're going to have earnings. I know that's coming, but I'll just hold them right through. And I don't expect them to have good earnings. I mean, how could they, but I don't think that matters," he said.
Why. Does. This. Tool. Have. A. Platform. Stop feeding into this insanity you dummies
really?
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Source: BusinessInsider - 🏆 729. / 51 Read more »