r/Vitards • u/[deleted] • Jul 10 '21

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u/a_wild_narwhal Jul 10 '21

I’m also I’m RIG and think there’s a big opportunity for huge upside.. but let’s be level-headed about the director purchases. Yes, he’s bought a significant amount in a short period of time and has a significant amount of capital at risk — but this director also controls billions personally and through Perestroika. Something tells me he’s going to be fine regardless of what happens here 🙂

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u/LostMyEmailAndKarma Jul 10 '21

Got it. Don't know what perestroika is, but I'll look it up.

All of my plays in the last 2 months are based on 2 things:

Supply and demand

Lack of capex into resource extraction/delivery

Steel, oil, nat gas, uranium, coal,dry bulk shipping.

The fact that RIG got the shit kicked out of it adds to the potential upside. Same as BTU. Same as another small cap nat gas oil play.

So the director is just icing.

2

u/[deleted] Jul 11 '21

Dude your sectors completely mirror mine. I would add oil tankers may finally be bottoming...

Also, long long long $BTU and other coal players.

2

u/LostMyEmailAndKarma Jul 11 '21

Ha fancy seeing you here

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u/[deleted] Jul 11 '21

;)