Oil has crashed. How do we take advantage?

[TheBigOne]

i filled up Friday.....it was $1.20/gal
tomorrow that shit gonna be $0.25/gal.......

Ain't that great. Problem is I can't go out of the house bc of Rona

 

[Dr. Truth]

renewable energy (wind and solar)

Why? So we can give everybody cancer from wind and kill all the birds?

 

[ZuluSam]

I bought USO today. Not options, straight stock. Don't have the money to risk on options. Won't be as high a return as options, but should make money

UCO is a proshares oil stock.
USO is also a good one.
But it can go negative so becareful.

Truth

 

[850credit]

i filled up Friday.....it was $1.20/gal
tomorrow that shit gonna be $0.25/gal.......

I picked the worst time to have my car totaled. No gas is better than low gas but I would love to compare prices with those in Mississippi and Louisiana.

 

[Race Harley]

Notice they're not talking about coal... yet. Coal stockpiles are building up because they're still digging in West Virginia but companies aren't buying because they're shut down.

 

[THE DRIZZY]

Oil is fucked. Saudi tried a play at the wrongest of times.

They appear to have other ideas and have been planning.

 

[jack walsh13]

Of course. He has the reverse Midas touch.

 

[jack walsh13]

i filled up Friday.....it was $1.20/gal
tomorrow that shit gonna be $0.25/gal.......

 

[brickcityhustla]

Subs, learning about options trading now, willing to throw $500 at this and see what happens.

 

[havelcok]

 

[easy_b]

Also this is why some of the stupid republican Governors want to re-open Up their states really quick

 

[MadWun]

i filled up Friday.....it was $1.20/gal
tomorrow that shit gonna be $0.25/gal.......

Last time I filled up was like almost 4 weeks ago.

And then it was $1.75 @ Costco. I'm barely at half a tank.

 

[LegendOfLedo]

Will this lead to car prices further coming down?

 

[mangobob79]

Will this lead to car prices further coming down?

yes at some point it will

 

[D24OHA]

So.....how do "we" take advantage again?

 

[Tito_Jackson]

@D24OHA be prepared for the next dip. Every trusted market analyst foresees this happening between now and the end of the summer.

Disclaimer: I am not giving investment advice. Therefore if you invest and are not successful, do not put blame on me.

However, me personally, I am making sure I have 5 to 10K ready to take advantage of the red. When the dip happens, and it will happen, I want to "take advantage" just like the upper 1% will be. Look it up, senators and congressmen/ women have been dumping and buying stocks like crazy making millions over night.

 

[Dannyblueyes]

Fill up your car. Take whatever money you save and use it to buy bitcoin