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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,634.80
(
0.80%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
86.92
(
0.54%
)
Bitcoin
59,704.71
(
-3.74%
)
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robertking

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robertking

Re: drrage post# 6905

Monday, 03/14/2016 8:04:54 PM

Monday, March 14, 2016 8:04:54 PM

Post# of 8628
The share price is not undervalued.

Many, many oil and gas companies are headed for bankruptcy. Investors are really shying away from small oil investments.

Here is an article saying that 1 out of 3 oil and gas companies are going out of business.

http://oilprice.com/Energy/Energy-General/35-Of-Public-Oil-Companies-Could-Face-Bankruptcy.html
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