Moon Equity Holdings Corp (MONI)

[mdimport]

The past couple of years has been traumatic for shareholders. Essentially three different sets of managers and three different types of company. If oil prices recover, there should be quite a bit of value in WOGI from this point forward.

This is the current oil price forecast from GS:

"... crude oil prices could come down much further in the short term, possibly into the high $30s a barrel before the market saw a rebound...."

If you understand the 2008 price run up, it means oil could well have bottomed.

"...Goldman Sachs is one of the most influential U.S. banks in commodities markets. In 2008, when oil prices were racing up toward their all-time high at almost $150 a barrel, the bank forecast crude could hit $200. ..."

"..."While history would suggest that a storage blow-out would push spot prices below $35, we believe that by avoiding breaching storage capacity, the market will hover around $40, potentially dipping at times into the high $30s which we see as the likely lows of this cycle," the report said. ..."

http://www.reuters.com/article/2015/01/12/us-research-goldmansachs-crude-idUSKBN0KL0RR20150112

USO would seem to support some kind of bottoming, but as you said: no rush (unless there's some game changer).



Cyber-Thingy: I don't believe there'll be a R/S, but I also don't believe there'll be a dividend. As I said before: Manelis and Clarke can own 100% of $0 revenue. On that basis, not surprised they're out.