HSX Forum

Playing & Trading Strategy

Sorry to hear about that

Posted by: bsbbtnh on May 28, 08:12 in response to NeilSite_VanThomas' post I got beat up! I'm currently in the ICU at University...

The oil companies wouldn't technically lose money from contracts going negative, since they already sold it. The contracts went negative because the people holding them realized they had nowhere to store oil, and they were paying people to take their contracts.

Also, their industry doesn't support terrorism. Energy independence subverts the power of Saudi Arabia and dependence on foreign (terrorist supporting) oil. The US isn't part of OPEC. 

 

A good tip in life is to not argue with strangers who are experiencing hardships (financial, job loss, depression, grieving etc) because they likely have far less to lose than you do, and they are more likely to make rash decisions. Plus there are a lot of crazy people on earth, and you never know when you'll bump into one.





Post a Reply

To post to the forums you must first login!


Troy Kotsur (TKOTS) 15000 8.39 (-0.52)          Josh O'Connor (JOOCO) 25000 10.83 (-0.35)          Josh O'Connor (JOOCO) 25000 10.83 (-0.35)          Jim Sturgess (JSTUR) 25000 8.44 (-0.05)          Marc by Sofia (MARCS) 150000 0.82 (+0.04)          Gerard Butler (GBUTL) 25000 68.11 (+1.27)          Chase Sui Wonders (CSWON) 1000 17.56 (+0.10)          Chase Sui Wonders (CSWON) 1000 17.56 (+0.10)          Mark Ruffalo (MRUFF) 25000 68.43 (-36.24)          Marc by Sofia (MARCS) 150000 0.82 (+0.04)          Mark Ruffalo (MRUFF) 20000 68.43 (-36.24)          Mark Ruffalo (MRUFF) 25000 68.43 (-36.24)          The Super Mario Galaxy Movie (MARI2) 41 499.59 (+1.27)          Focker In-Law aka Meet the Paren (MPRN4) 200 103.02 (0.00)          Noah Jupe (NJUPE) 25000 59.66 (+1.40)          Bradley Cooper (BCOOP) 25000 126.91 (-0.02)          Bradley Cooper (BCOOP) 25000 126.91 (-0.02)          The Super Mario Galaxy Movie (MARI2) 4 499.59 (+1.27)          Josh O'Connor (JOOCO) 25000 10.83 (-0.35)          America Ferrera (AFERR) 25000 120.44 (+13.19)          The Mandalorian and Grogu (SWAR3) 29000 237.55 (-2.09)          America Ferrera (AFERR) 25000 120.44 (+13.19)          Heel (HEEL) 150000 1.00 (0.00)          Josh O'Connor (JOOCO) 25000 10.83 (-0.35)          Will Ferrell (WFERR) 25000 106.54 (-0.57)          Will Ferrell (WFERR) 1 106.54 (-0.57)          Heel (HEEL) 150000 1.00 (0.00)          Laura Dern (LDERN) 25000 72.97 (-0.36)          Laura Dern (LDERN) 20000 72.97 (-0.36)          Andra Day (ADAY) 25000 53.18 (+0.65)          Ric Roman Waugh (RRWAU) 25000 26.97 (+0.18)          The Christophers (CHRIS) 150000 8.14 (-0.02)          Wuthering Heights H$45 Call Fri- (WUTHR.CA) 25000 2.48 (+0.26)          Heel (HEEL) 150000 1.00 (0.00)          Wuthering Heights H$45 Call Fri- (WUTHR.CA) 25000 2.48 (+0.26)          Wuthering Heights - Opening Week (WUTHR.OW) 100000 51.06 (+1.19)          Lewis Pullman (LPULL) 9323 40.97 (+0.22)          Wuthering Heights - Opening Week (WUTHR.OW) 100000 51.06 (+1.19)          Andy Samberg (ASAMB) 25000 103.56 (+0.83)          Wuthering Heights H$45 Put Fri-M (WUTHR.PU) 25000 2.28 (-0.18)          Andy Samberg (ASAMB) 25000 103.56 (+0.83)          Will Ferrell (WFERR) 25000 106.54 (-0.57)          Will Ferrell (WFERR) 25000 106.54 (-0.57)          Hong Chau (HCHAU) 25000 25.66 (+0.37)          The Riders (RIDER) 100000 36.59 (+2.10)          Will Arnett (WARNE) 500 33.18 (-2.22)          Laura Dern (LDERN) 25000 72.97 (-0.36)          Josh O'Connor (JOOCO) 25000 10.83 (-0.35)          Ciaran Hinds (CHIND) 25000 62.50 (+0.82)          Ciaran Hinds (CHIND) 25000 62.50 (+0.82)