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S&P 500
5,099.96
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1.02%
)
US TECH 100
17,244.00
(
1.57%
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Dow Jones
38,239.66
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0.40%
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Brent Oil
88.17
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0.00%
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(
-1.29%
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Lcbm68

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Lcbm68

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Re: Excalibur39 post# 1961

Friday, 08/21/2015 2:41:57 PM

Friday, August 21, 2015 2:41:57 PM

Post# of 2188
Remember this is a small oil producer with great assets ~ land and drilling rights and no real debt ~ expect this stick to grow in the last 4 months of the year as we approach winter months ~ besides oil stocks will bounce back in last quarter ~ they simply are under valued and as a bitter long winter awaits Europe and USA we shall see the oil glut eaten up

Oh and did I mention ~ oil producing has already started to decline and the Saudis are not making money to repay their massive infrastructure projects

So watch the bears emerge on oil in September

Although $55 will be the price until March 2014
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