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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)

NYSE
Currency in USD
Disclaimer
8.450
-0.070(-0.82%)
Closed
After Hours
8.590+0.140(+1.657%)

DRIP Comments

Buy order for 1,000 shares at $12.00 still pending.
Today's inventory report was unbelievably bullish.
Gary, you cutting your loss or you doubling down with DRIP?
I have a buy order at $12.00 for 1,000 shares but that's it.
  Got it.  Good luck.
Thanks.
Let DRIP fall back to the single digits, THEN take a monkey large position.  NOT when it has yet to collapse.  Oh, and they ALL collapse.  Someway somehow, they all collapse.  They are the best buys.  Can't say how many times I have bought just prior to the collapse.  Sometimes years before the price hits my break even.  Too painful.  Patience is the name of this game, then pouncing.
$13.70
Gary, careful.  These energy companies are ALREADY beaten to ***  Not trying to justify my GUSH position, just that I've been where you are many times.  You have to have conviction, but don't let that bleed over into overly stubborn.  The overly stubborn end loses you $$.  You sound like you know what you're doing though.  Good luck.  Let's all make some $$.
$13.49
$13.44
GUSH is headed for another 52-week low within 30 days.
 . . . There's always some junk included.  But, the MAIN point is staying too short, too long.  That's all.  Don't think GUSH is going to run away to the upside anytime soon, but it will at some point.
Then you should be buying GUSH based on your research. My research indicates lower prices for 80% of the GUSH top 10 components.
Like the gold miners, who couldn't make a right move for a long time and now are on fire, energy related stocks will skyrocket. DRIP, guaranteed, will be at new lows by the end of the year. Value is back in play and there is no better value than energy stocks.
Which ones ?
Bought 4,000 shares at $13.44. Now have 6,000 shares againat avg of $13.30. Currently 13.46. WTI 56.90
Drip $12.42 WTI $59.25. Did u use SL? Whats ur SL?
Bought 2,000 shares at $13,000. Currently 12.98. WTI 57.50
Oops. Purchase price $13.00
exited 13.65 which brings my 5 month loss to 25%. down from 50% profit in the last few weeks.
Stop loss executed at $14.50 today. Purchased at 9.25. Already sold some at $13.00 and have a buy order at $12.00. No position in DRIP/GUSH But do own CRZO
Wow what a shocker
Could hit 17 by midday wed before falling after the fomc press conference. If hawkish this will take a dive in the near term. Expecting bearish API and eia though
The 2nd quarter ends June 30th. Earnings have been getting revised down for the sector as WTI has declined. Long from $9.25. Sold some at $13.00 thinking it would pull back to $12.00. Never did. Now I just trail it with a $2 stop loss from its high. Currently 14.50.
did it break through ur stop loss? you exiting?
seems like a boring day here. no strength to go up.
Holding drip 15
WTI currently 51.97 at 7:30 a.m. EST Monday 6/17
16.03
$16.17
holding my 15.25, targeting 16.
 how much you got left? you sold off about half already right
exited 15.7 think wont hit 16. will scalp again when i have the chance
Sold 2,000. 6,000 left. Will liquidate the rest within 2 weeks.
When DRIP get to $17.55 GUSH will be $4.99
Pfc
DRIP just made a triple top break out at the point and figure chart. very significant. more upside coming.
25.93 maybe
16.63 pt
...
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