00:2:30 @kanaljen2 @jleqc and @InvestInOnG join. Kanaljen is beating the market in part with IPCO. For U.S. OTC buyers, it's thinly traded. Kanaljen says there is still a stigma attached to fossil fuels in Sweden.
00:10:00 Kanaljen explains how a Swede came to trade #COM stocks.
00:12:30 @RazorOil joins to discuss IPCO and MEG. @jleqc moved out of MEG. "Regret is a wasted emotion."
00:21:00 Razor discusses successes and looks at some trade volumes.
00:25:00 @InvestInOnG: when will you become part of the Interactive Brokers cult?! Kicking off a recurring theme.
00:29:30 @timber001 discusses the Schmuckatelli report and his experiences with IBKR.
41:30 @AhmedBa44329064 likes the margin rates and buying bonds using IBKR.
@MC_Mike411 discusses some IBKR drawbacks. He thinks it is the best overall, however. @JamesHMackay suggests there's fear in the White House.
00:50:30 @DSteinmoeller makes a rare appearance and chooses violence (buybacks over divvys!).
Are the markets calling the Fed's bluff?
00:56:00 @jim_duffus asks about options expiry. @AhmedBa44329064 discusses China opening.
1:03:00 Ahmed pivots to a discussion of U.S. SPR releases, and the salt caverns storing SPR products.
1:08:30 ** Ahmed then discusses the ramifications of Russian exporting oil through the Baltic via tankers. ** This segment blew the minds of @jleqc and myself!
1:22:30 @MasBest2point0 talks IKBR using different brokerages, talks about triple-witching dates. Then notes he has been making bank the last two weeks on Oil-Field Services companies.
James suggests gold, bitcoin and oil could be winners in a particular scenario.
I agree with the folks who say that its easier to model E&Ps than OFS companies. Also, "My edge is #COM."
Trading philosophies; getting tips in steam rooms; the quality of CNQ and CVE.
1:46:00 @RazorOil discusses his time at Cenovus.
1:54:30 @OneMoreif gave some great details on how the Australian government's new regulations on share buybacks might affect $WHC and $NHC. More detail here:
I rant for a bit. Are coal companies akin to tobacco companies?
2:06:00 Perhaps, but we are talking about companies that had greater than 100% FCF/EV when the conversation began a few months ago (>50% now).
2:12:30 @JoeBeattie11 joins to discuss crack spreads and refineries. Could industry move away from biodiesel and back to traditional products? Joe talks about Suncor and Imperial. Joe discusses CVE and discusses some of the issues that might plague the Toledo refinery.
High-Energy Tuesday