Thursday, August 20, 2015 12:59:29 PM
10:01 : Thursday 20 August 2015
Note: i'm still not buying shares of REX for, as i've been saying since early in the year, the price of oil could go lower. In late June i was convinced the oil rally was over and would be plunging and indeed it has. I wish i'd committed significant funds to shorting oil with the 3X leveraged ETN DWTI (up from $60 in late June to as high as $190 recently).... I almost bought DWTI at $60 but instead decided (given the irrational buying support oil had been getting) to put too much money on a few pos biotech plays.......
Maybe oil prices will finally rebound in 2016 assuming demand from India (and China?) and elsewhere continues to rise and finally surpasses the supply glut.... Otherwise ethanol prices will likely wallow....
Recent REX News
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
