People with holding in oil stocks, what is your plan this week for the April 17th OPEC meeting?

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

Post Body

I'm currently holding XOM, COP, and IYE(energy ETF). This meeting can have a big effect on these depending on whether or not a freeze in production is agreed upon or not.

How are you playing the news for this week? just looking to ride it out? I've been long on my holdings assuming oil will make a come back eventually but I expect a lot of volatility this week. Investing at all in UWTI/DWTI?

I plan to spend the weekend researching but my current plan is to hold through the meeting and hope they agree to a freeze in production that sends oil up. Just curious on other people's thoughts on the situation. Thanks

Author

Account Strength

100%

Account Age

12 years

Verified Email

Yes

Verified Flair

Total Karma

15,107

Link Karma

1,002

Comment Karma

13,797

Profile updated: 2 days ago

Posts updated: 1 year ago

doctorj1

Subreddit

r/investing

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.

Posted: 8 years ago
Reddit URL: View post on reddit.com
External URL: reddit.com/r/investing/c...