Brat
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Buy or sell?
Buy. I have two lowball offers.
Buy or sell?
Buy. I have two lowball offers.
I have no pending orders, but hope to be up when the market opens at 7:30 my time to watch things unfold.
Probably will not buy anything. My stock AA is still more than 70%. That's plenty. And I have plenty of cash that will last a long time. No need to sell anything.
Depending on how the market behaves, may just sell some options.
I like to gamble but I'll be waiting before buying tomorrow.
Early pre-market data shows the Dow -450.
I have no pending orders, but hope to be up when the market opens at 7:30 my time to watch things unfold.
Don't you hate having to get up early on a Monday morning?
OK, I'm placing a stop limit order on my Exxon/Mobil stock as they have operations in Russia. I'm attempting to lock in a long gain.
LONDON (Reuters) - BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move yet by a Western company in response to Moscow's invasion of Ukraine.
Rosneft accounts for around half of BP's oil and gas reserves and a third of its production and divesting the 19.75% stake will result in charges of up to $25 billion, the British company said, without saying how it plans to extricate itself...
OK, I'm placing a stop limit order on my Exxon/Mobil stock as they have operations in Russia. I'm attempting to lock in a long gain.
I just did, I sold a week ago Tuesday and bought back today. I got scared back in! I only gained about 2.3% by the out and in, I thought it would have gone down more, but I couldn't wait to see.
BP inherited a deal in Russia when they bought ARCO. They should have liquidated that long ago.
I didn't see the post above when I posted. My son worked for ARCO.
... All these U.S. and other oil companies with Russian assets need to get the heck out of there.
But, but, but the horse has already fled the barn!
I don't know how Germany feels right now. They imported 40% of the consumed natural gas from Russia, according to a 2018 statistics.
Of course, Russia needs to sell the nat gas for cash, but if Russia turns off the gas, Germans will freeze. Man, I don't want to feel so vulnerable.
The Germans are smart people. They are going all electric any day now. They won't need natural gas. /s .
And where will their electricity come from?
Germany will target to have all its electricity provided by renewable energy sources by 2035.
In a major shift of energy policy this weekend, Germany said it would draft a strategy to become less dependent on Russian gas.
Unlike other countries in Europe, however, Germany plans to switch off all its remaining nuclear power generators by the end of 2022.
Germany will target to have all its electricity provided by renewable energy sources by 2035, according to a new draft policy that speeds up the timeline for ending fossil fuel-powered generation before 2040.
Germany, the largest economy in Europe, said in a major shift of energy policy this weekend that it would draft a strategy to reduce its dependence on Russian gas, accelerate renewable energy capacity installment, and build two liquefied natural gas (LNG) import facilities.
As of 2021, Germany still generated about 26% of its electricity from lignite coal. The open mine of lignite in Hambach is huge. Its operation has been protested forever by environmentalists. Lignite is indisputably dirty and the open mine left behind a huge valley.
Being able to stop burning lignite is a wonderful step. It is not at all hard to generate lots of wind and solar powers, but I wonder how they are going to solve the problem of no power generation on cloudy and calm days.
And still, they are talking about electricity generation, and not about totally replacing natural gas. Rather, they will stop buying nat gas from Russia and will import liquefied nat gas from elsewhere.
From the above link:
Sorry, I didn't know.
As I stated before, having enough storage for electricity from solar and wind is already very, very tough.
Nobody knows how to heat without burning something, using what we know at this point.
Well, maybe it's possible with many many nuke plants, I don't know. However, people don't want nuke, so there's no way out.