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56Chevy

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56Chevy

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Re: 56Chevy post# 1

Friday, 10/19/2018 5:57:08 PM

Friday, October 19, 2018 5:57:08 PM

Post# of 67
Marker:
Gastar Exploration I (GSTC)
$0.055 up 0.002 (3.77%)
Volume: 408,933

*price of WTI crude is $70 @ bbl. which is down 3 or 4 bucks from summer highs. When an oil company can't support their debt structure on $70 oil you know they won't be getting up off the canvas...down for the count. Any bidders for their properties would have to get them at fire sale prices or it just isnt worth buying.


“Great and pure thoughts cannot be deposited in minds accumulated with rubbish.” ~~ Author unknown

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