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I am in the Nat Gas biz and manage investment portfolio. As a commodities guy, I lean toward commodities and the stocks that can benefit. There is a podcast called "Odd Lots" which delves into commodity topics such as lumber, coal, shipping etc. The underpinnings of the economy. Monday the guest was Jeff Currie (Head of Goldman Sachs Commodity Research). This podcast is a great summary of the events that have lead to the current price environment. I highly recommend a listen.
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Originally posted by RiverRat1 View PostI sold DWAC at $114 this morning. Only holding 30 DWACW for the long haul. Will buy back after things fade over the next 2-3 weeks waiting for the deal details.
Won't bother me if it skyrockets and I'm left behind.
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Originally posted by Lungbustr View PostIm not upset that i sold at 175 od course, but i was hoping it would fall this morning so i could buy back in.
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Originally posted by RiverRat1 View PostI just sold 1/3rd of position at 56 Will sell another 1/3rd around 65 Hopefully here in another hour LOL
Crazy.
Anyone looking to go long on this at some point? I sort of hope the hype dies down and it falls back under $20. This may be the only stock I ever buy and hold forever IF terms are right. They may be outrageous though and can't blame them as all social media stocks are outrageous far before they make money.
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