United States Oil Fund (USO)

[ash111]

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.