didn’t buy it a few weeks ago–then. yesterday I saw it–quite by chance–again in the. 2.70. range and took a chance…not so extraordinary…it jut seemed sold out and possibly double bottoming…and it still could make a new low…but I’ll set my stop and give it every benefit of the doubt…if stocks plunger in sept or october GUSH will probably make a new low…
I think I touted it back then on this forum but I guess no one picked up on it–Looks like I 1st mentioned GUSH on July 22nd=
Ororeef–So would u be a buyer of GUSH at 3.44
GUSH’s 4th split took place on May 01, 2017. This was a 2 for 1 split, meaning for each share of GUSH owned pre-split, the shareholder now owned 2 shares. For example, a 50 share position pre-split, became a 100 share position following the split
On April 22nd 2019. GUSH was 13.42—On Oct 1st 2018 it. was 40.36
BUYGOLD-ERX–XLE–AND GUSH–all are energy ETFs–were up today despite crude being down a dollar
The whole sector is cheap
Bought 700 GUSH $8 calls @ $3 a copy-it is a Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares
When crude is high, GUSH goes high! Last trade is $5.35–I’m not wasting any money on near the money options–either GUSH blows its stack or zthe trade’s a write-off….
GUSH had its last stock split in 2017—on October 11th 2018 GUSH was 40.24
I”m only doing this trade predicated on the possibility of the Gulf “going hot”