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Monday, January 06, 2020 2:01:44 AM
tdbowieknife study the following chart and you will notice that DNR follows the price of crude closely and at a leverage move. Crude was $53 a few weeks ago when DNR was .90-$1 Crude has been moving steadily higher DNR will continue to move up as crude does. If were lucky Iran will do something real stupid like blow up another mideast crude facility or tanker. Trump is going to do what he said eliminate Irans nuclear capability one way or another. Good time to be in DNR. Every $5 move in crude results in $100mil revenue for DNR.
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