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The Speculative Stocks....
XOM with another big day, up 4.3%, and now up more than 50% from 52-week lows.

CVX up 3%, now up 85% from the lows.

EOG up 6%, now up 90% from the lows.

Rig count dropped another 33, and are now below 2016 lows.

Date Oil Rig Count
1/2/2009 346
6/5/2009 179
1/8/2010 427
1/7/2011 777
1/6/2012 1,191
1/4/2013 1,318
1/3/2014 1,378
1/2/2015 1,482
1/8/2016 516
5/27/2016 316
1/6/2017 529
1/5/2018 742
1/4/2019 877
1/3/2020 670
3/13/2020 683
3/20/2020 664
3/27/2020 624
4/3/2020 562
4/9/2020 504
4/17/2020 438
4/24/2020 378
5/1/2020 325
5/8/2020 292
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Did somebody just type XOM and CVX on a speculative stock thread? Smile That is a stunning drop in rigs. I wonder who will start cheating first and ramping it back up? 292 does seem too low.
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i added a position in NVAX today
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Otter,

I'm sure you have been watching USO and their recent news. It's got more drama than a TV reality show. Grounded from buying new oil futures contracts lol. How are they going to get out of this one? And no I am not invested but it's still entertaining to watch. It's like "Oil TSLA"
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Anyone watching EVFM?
If they can get the cost of their product down I think they could capture a big share of the market they are in.
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(4 hours ago)john Wrote: Anyone watching EVFM?
If they can get the cost of their product down I think they could capture a big share of the market they are in.


Never even heard of it and I know most bios in the space. Like 95% of them lol

 
Is this a one product on the market company? Looks like they have 2 other products. One in stage 2 and the other in Preclinical trials. 
 
The EVO100 could be a big one for prevention of urogenital chlamydia and gonorrhea in women.

This one has some promise from what I just read. Interesting.

I like a lot of names in the Bios space. Most of my specs are in this sector  Big Grin
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