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Durkin Tactical Franklin Armory
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Posted: 5/28/2022 9:58:00 AM EDT
Link Posted: 5/28/2022 10:27:38 AM EDT
Take the money and run!  


$75K.  Not bad for 6 months. Be nice if I could do that all year.

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Well done sir, well done!
Link Posted: 5/28/2022 10:40:35 AM EDT
Link Posted: 5/29/2022 9:09:05 AM EDT
I am currently running at about 6.5% in cash, but I have a good bit of TIPs which I consider a form of cash.

With my recent purchase of Amazon stock, I am a bit low on cash, but it should build back up slowly over time. If Amazon stock continues to rise, I may sell some, take the split on remaining shares, and the remaining shares would be no-cost to me.

I haven't owned any Earl stocks in a number of years. Odd for me as my family has been Earl related for employment and producing wells for many decades. I missed out on the recent run-up. My bad.
Link Posted: 5/29/2022 9:35:56 AM EDT
Link Posted: 5/29/2022 10:07:24 AM EDT
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Was that Rivian hit on Amazon a one time thing? Did they sell their holdings?

 Not owning oil for you is about like me not owning any tech stocks.  I just don't.
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I am not aware of Rivian. If this is that automotive company, the only thing I know is they have had some management "changes". I hold no Rivian stock.
Link Posted: 5/29/2022 10:50:03 AM EDT
Link Posted: 5/29/2022 6:26:40 PM EDT
Discussion ForumsJump to Quoted PostQuote History

Not you, Amazon.

They held a big stake in Rivian and took a beating. That was one of the reasons for Amazon stock tanking.

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Never really knew much about Rivian. I looked at Amazons numbers and I wasn't really impressed with them and stated that, but I was not aware the downturn in Amazon was due to Rivian losses.

Thanks for the info.
Link Posted: 5/29/2022 8:32:57 PM EDT
I have an energy index in each of my accounts and most days over the last 3 weeks it would be one of the only few that were green. I really wanted to get a couple of individual oil stocks but with my luck I wouldn’t know when to dump them and end up losing in the end. They are up 13% and the last time they were this high was 2014.

So now the strategy. How long to hold them? Wait for oil and gas prices to start falling?
Link Posted: 5/29/2022 9:37:13 PM EDT
Link Posted: 6/6/2022 8:02:05 PM EDT
Link Posted: 6/7/2022 9:27:34 PM EDT
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