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S&P 500
5,104.51
(
1.11%
)
US TECH 100
17,184.20
(
1.21%
)
Dow Jones
38,276.45
(
0.50%
)
Brent Oil
88.40
(
0.28%
)
Bitcoin
64,734.29
(
0.39%
)
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cadams155

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cadams155

Re: Dynarod post# 645

Tuesday, 12/02/2014 4:39:12 PM

Tuesday, December 02, 2014 4:39:12 PM

Post# of 4911
Oil isn't plummeting because of lack of demand its partly because of the ISIS situation. They are selling oil a lot cheaper than opec. Also we are producing more of our own domestically. The fracking is actually helping the price go down.

As far as not showing earnings yet, getting into markets like this takes a long time and a lot of patients. You have to earn the trust of the oil and gas companies. Sometimes that means you take opportunity over payment to get the relationship started. Just my opinion.
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