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Slyder75

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Slyder75

Re: ogbull post# 659

Wednesday, 05/27/2015 12:35:46 PM

Wednesday, May 27, 2015 12:35:46 PM

Post# of 2607
Shorting going into earnings tomorrow is a death sentence if you ask me. Results have been slashed and when OPEC meets in June, word is, they will likely cut production.

Cut production, drillers are back in business.

This is a repeat of the financial crash, but oil this time. Just like the financial crash, sell off FORD, they're going to go under because the US Govt bailed GM...

Well, had you held Ford from $1.05 low...

You'd be doing alright...

Bargain basement prices and when the offshore market resumes, one company is set to capitalize, as the weak players die or retire old rigs...

You guessed it...SEADRILL!

It's my money tree. It's watered with hours of painstaking study and constant learning. Occasionally, I'll give it a good shake, continue watering, and more will grow back.

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