00:01:30 @jleqc @thejeff85 talking with our mouths full about stink bids that fill and don't get filled. Purchasing #COM stocks OTC, looking at Level 2 bids and dislocations between U.S. and Canadian pricing.
00:07:00 J sounds a cautionary note on pumping stocks and options trading. (Of course I pump stocks and talk options). Bottom Line: The #COM family is about helping each other profit.
00:10:30 @thebiglong9 windfall profit taxes, slandering Wyoming. A flight to cash. Making sure you remove debt -- especially margin debt. Big also discusses options wins AND ESPECIALLY LOSSES.
The world economy can't run at normal pace without massive increases in energy supply. Cost of living and markets in UK have caused morale to plummet.
00:17:00 J and Big discuss not beeing too greedy with options. Take those profits.
00:21:00 Keeping cash on hand to prepare for emergencies. How much is the right amount? The "smart money" says 6-24 months in cash. Is that realistic? Who is able to do this?
@jamesyachyshen joins for a therapeutic session. If you need a shoulder to lean on, or want to provide a shoulder, #COM is there for you!
00:32:00 @HalfbeardCanada thinks talk of additional taxes is noise. David is nervous about the markets. He is relying on his #COM stocks for dividends. He likes $TVE currently. He has about 10% cash and some margin. NO RECOMMENDATION
@AhmedBa44329064 and @BurggrabenH join the stage. Ahmed uses cash as his hedge. Alex is not moving an inch re: his positions in Serica and Petrotal, but he has cash on the side to pay the bills, and he wants to provide a note of caution.
00:56:00 Alex begins a discussion of the three factors he sees as driving the current price of oil. … Ahmed asks about Russian oil and if 2023 will be a stronger market for oil.
1:02:00 What happens when the Ukraine-Russia war ends?
asks about liquidity events and energy companies without a large amount of institutional ownership. Alex has been concerned about miners because of what he sees in Asia. @sohaibab9 asks how much could energy stocks drop?
1:10:00 ARKK (not $ARX) has to blow up. But please, no mushroom clouds over Tampa. @JamesHMackay looks at the calendar to see when the panic hits: Around FOMC meetings.
James bought more $VET based on news that LNG capacity went offline in the U.S. (I did as well). He reference's @WhiteTundraSG's deep dive into Vermilion. NO RECOMMENDATION.
1:32:00 #COM: Congo Oil Mafia. James and Alex discuss Latin American politics. Ahmed reduced his exposure to L.A. oil stocks as a risk-management action.
1:43:00 @AssetTraveller this would be the first recession coming off Quantitative Easing. James and Illini discuss inflation and interest rates.
2:05:00 James discusses shipper Danaos ($DAC).
J explains why real interest rates can't rise too far: Everyone who is highly leveraged would be in big trouble.
2:29:00 @JavierGoya7 takes the stage. No bids on mortgage-backed securities the day before. James and Javier engage in an extended discussion covering macro, energy, and the Fed.
2:49:00 @wabuffo thinks there's a whiff of panic at the FED.
3:08:00 James, Jleqc and DS talk about firms with bad hedges coming off in the next few weeks/months. Names identified include: Surge, Spartan Delta, Crew and Ovintiv. NO RECOMMENDATION.
Bullish, bearish, muddle through? OPEC promises, then misses left and right.
3:20:00 @Josh_Young_1 interrupts the grilling to talk. Josh just met with $AAV and discusses their buybacks. Josh says OPEC's miss is "massively bullish."
3:26:00 @SHOPGod2 is going to be ripped by the time #COM hits Mexico. He interrupts his RUN to call in. One hopes the tequila, mezcal and tacos will be flowing. Jleqc is thankful for eye-watering photos. James discusses life in Mexico -- a place he loves.
3:42:00 No Florida Man was wounded in the making of this Space. @RazorOil and @InvestInOnG join the stage to laugh at not-that-stinky bids. Taking those bids to the next level.
@xxdkkdxx is keeping enough liquidity to not have to sell during downturns. He asks about Hemisphere. @Albertagarbage has a sharp response.
3:52:00 @RazorOil soothes our ruffled feathers with numbers. What companies were down? What were the volumes? Razor deals.
4:02:00 Alberta: "Come to the oil patch, marry an emotionally abusive woman with large, fake breasts, and you won't have any feelings. Engage with the market while you're dead inside."
DS adds some "color" that might not make it past the censors. @therealstufff provides calm, rational analysis. Illini doesn't see Sens. Manchin and Sinema signing off on a windfall tax.
4:12:00 Hector is bullish NG and buying while others are running. Hector likes adding a #COM kink to non-energy Spaces. A humility to #COM? One way to look at our group is we provide solutions as well as identifying issues. @jleqc on CPG.
4:40:00 @Lava_Flow2 talks about his experiences on Tuesday's Spaces. A lot of people hurting right now. We're going to see high prices and a lot of job losses. O'Hare says shorting is not an investment strategy.
@Albertagarbage and @AhmedBa44329064 in an extended discussion of policy, energy ignorance, emerging markets, what the individual can do to help his fellow man.
5:25:00 @WhiteTundraSG, @HectOracle close out by discussing their latest additions. @CdnOandGInvstr discusses how busy his airport has been of late.
High-Energy Tuesday