all about the mane wrote: » Think oil contract expires tonight so will have a better indication of price tomorrow
littlemac1980 wrote: » 12.5% now, maybe there was more going on than the proxy war? Only recent news I can see is that they were offering a one day sale on Saturday (online only), maybe it’s due to their moving sales to online only and they see a good return on that?
Dots1982 wrote: » A dumb question maybe but why do they keep pumping oil out of the ground if there’s no where to put it?
littlemac1980 wrote: » Does anyone know how India’s accounting practices compare to western standards? It’s something I would be anxious to find out in advance if investing in an Indian business. Particularly one reporting it is highly successful. I’m sure most here are aware of the recent issues with Luckin Coffee in China. Often people think they are comparing apples with apples when in fact you are holding a bunch of grapes.
roosterman71 wrote: » Anyone recommending an oil stock to invest in during this collapse?
Nemeses2050 wrote: » EROs down 10%, be careful guys...I Understand India has huge population...but it's very hard to monetize those free subscribers... and they'll be competing with Netflix, Amazon and dozens of local channels.
Nemeses2050 wrote: » @Littlemac...let's just say Ethical corporate reporting wouldn't be one of their best qualities...I understand if they're listed on US exchanges they have to follow certain standards...but I would be still vary of them... "So what better time than to look into what might be termed Netflix's Bollywood equivalent, Eros International Plc (EROS)? I think we could see the stock quadrupling in value as increasing numbers of people all over the world are forced to stay home to prevent coronavirus contagion. I note, however, that Eros International has seen its fair share of controversy around management strategy and the accuracy of its accounting methods. This one may be for risk-embracing readers only, in my view." - source Investopedia
kaymin wrote: » They are audited by Grant Thornton and apply IFRS. They're merging with a US private company with most of the key management positions being taken up by personnel from the US company. Today was pure manipulation but a good opportunity to buy cheap shares imo.
Bob Harris wrote: » I hope you're not insinuating that the guys in the US are all honest joes!
Pinsnbushings wrote: » Apologies in advance guys probably the wrong thread, wondering what would be considered a decent return on investment spread betting? Started last week fully in the knowledge I'd be a Millionaire now with the market meltdown alas that's not the case.. Not as easy to hold your nerve when you see the figures flying up and down on the screen..
XMG wrote: » ...I’ve no intentions of investing in them myself, day trading oil futures is keeping me happy)
Fred Cryton wrote: » Just so you know, a 90:90:90 rule applies to spread betting. That is, 90% of people lose 90% of their money within 90 days :-) So hope you know what you're doing!
Pinsnbushings wrote: » It's become quite clear I haven't a clue, I'm well on my way to full filling that rule at this stage.. My only fear now is if I withdraw what's left of my account is what way the big deficit between the transactions in and out will be viewed by the bank, when looking for a mortgage.. The theory was simple take advantage of market going down with the spread bet account, close it and put profits into pension fund or etf etc by end of the year.. I was too slow though and missed the big dip and now I've been betting really without any idea what I'm at.
dashcamdanny wrote: » What are your thoughts on Exxon? I bought some last week already. But think it may have further to dip.
retalivity wrote: » Anyone's Degiro account going a bit haywire? Would be great if I could actually sell at this price....
kaymin wrote: » They have 26m paying subscribers. They could monetize the 190m non-paying subscribers by advertising but they chose not to do that because they are the midst of a land-grab and no adverts is a selling point
voluntary wrote: » Brent tanking today. Crude June contracts tanking today. The oil market is done and busted. Geopolitics effect will surely be significant. Oil-rich countries are f..ed right now. We had oil wars in the past, people killing each other over OIL and today nobody wants it. I can't even think about how this one can play out.
voluntary wrote: » Keeping to the 'buy rumor sell the news' rule, I wouldn't put more money on 'pandemic' stock which already skyrocketed right now (like Netflix, zoom, gaming, etc). When ready, I'll be hunting cheap, destroyed stocks ready which may thrive after the pandemic, not during the pandemic, and then hold long term. Not yet though, not yet. I'm near certain we're near the peak of a BULL TRAP right now and patience will be rewarded.
manonboard wrote: » I might be naive and too optimistic, but hopefully with such a low value.. It might incline a certain country to not go to so many wars in countries with the resources.
