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Morgan Stanley hikes oil price forecast to $85

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ash111 Member Level  Friday, 07/06/18 10:45:01 AM
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Morgan Stanley hikes oil price forecast to $85 as Trump targets Iranian barrels https://www.cnbc.com/2018/07/03/morgan-stanley-hikes-oil-price-forecast-to-85-as-trump-targets-iran.html

TGC watching closely this low float very well positioned Company. Management just did a great job here, defiantly moving forward. a $5m float, reported $1.2m net income vs a net loss of $200k. Net assets increased due to a sharply Cash increase. T.assets/T.liabilities ratio improved to over 3 (which is one of most solid ratio, the sector, very low debt). $70 a barrel is 150% the revenues reported in the Q1. In addition to the return to positive net income company working these days to move its reserves from the non-producing to the producing category. high potential. more good news to come, that's for sure.

My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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