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04-20-2020, 07:02 PM | #4591 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1298491
VARSITY
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Quote:
If I drive 55 miles per hour and get 5 miles to the gallon, then every hour on the road will consume 11 gallons of oil and give me $410 in income. I'll drive 40 hours a week and gross $16,000.
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Active fan of the greatest team in NFL history. |
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Posts: 143,251
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04-20-2020, 07:09 PM | #4592 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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Quote:
RE: margins. I feel you. Mine are ass but nothing like bloodbath you cow guys are taking. Dads got a field next to this little feedyard this guy runs. 1000 head or something. Anyway I roll in there with my sprayer and see this cow by the chute. So I call him and make sure he knows and I’m not going to spook her to hell and gone. He answers and I ask how he’s doing. His response is: “well, the markets are closed.” Quote:
Last edited by Buehler445; 04-20-2020 at 07:15 PM.. |
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Posts: 58,248
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04-20-2020, 07:11 PM | #4593 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1298491
VARSITY
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Quote:
Hey, do I destroy YOUR dreams?
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Active fan of the greatest team in NFL history. |
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Posts: 143,251
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04-20-2020, 07:18 PM | #4594 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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Posts: 58,248
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04-20-2020, 09:17 PM | #4595 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-88100
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Posts: 46,157
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04-21-2020, 05:15 AM | #4596 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-179523
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Quote:
https://oilprice.com/oil-price-charts/45 |
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Posts: 40,651
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04-21-2020, 06:00 AM | #4597 |
Starter
Join Date: Apr 2010
Location: in a cave
Casino cash: $9896152
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Back to the deep value restaurant thing, it looks like Darden Restaurants is getting ready to sell more shares to raise cash instead of going into more debt. They should be fine, but some quick math made it look to me like what appeared to be a possible double on the eventual rebound is most likely going to be a 30 to 40 percent gain that may take a while to play out. At least it doesn't appear that they will be diluting the shares enough to totally tank the price. I bought in cheap enough that it's not going to hurt and my position in Darden is small. But those who bought into some of these at levels before the crash are probably cringing pretty hard right now.
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Posts: 924
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04-21-2020, 06:12 AM | #4598 |
MVP
Join Date: Oct 2012
Casino cash: $-1060000
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so should a new hobby investor buy oil right now? err asking for a friend.
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Adopt-A-Chief- Rachel Santschi
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04-21-2020, 06:20 AM | #4599 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-88100
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Posts: 46,157
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04-21-2020, 06:32 AM | #4600 |
MVP
Join Date: Oct 2012
Casino cash: $-1060000
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Ive recently started throwing a few hundo at stuff here and there. Hobby- Not my career, and im not dependant on the money invested to give me a return in any way, you know like a hobby something you put money into for entertainment, or for education, of just for satisfaction of doing it. I have some riding on insego and its been a real roller coaster!
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Adopt-A-Chief- Rachel Santschi
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Posts: 11,740
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04-21-2020, 06:38 AM | #4601 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-88100
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Quote:
Your choice though. |
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Posts: 46,157
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04-21-2020, 07:06 AM | #4602 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
Casino cash: $1886717
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USO trading halted this morning based on "news".
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Posts: 14,404
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04-21-2020, 07:09 AM | #4603 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-211532
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Posts: 6,493
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04-21-2020, 07:23 AM | #4604 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
Casino cash: $1886717
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RIP to everyone holding USO shares.
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Posts: 14,404
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04-21-2020, 08:30 AM | #4605 | |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $120397
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Quote:
How much worse could it get? If they make it through to the other side then they'll be OK.
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Hey Loochy, I'm hoooome! |
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