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Re: uber darthium post# 614

Monday, 04/06/2020 9:52:07 AM

Monday, April 06, 2020 9:52:07 AM

Post# of 812
All if them are pointing to C19!! Despite the price per barrel, the industry is experiencing a first time event on the demand side of the equation. There are dozens close to the Pps if Hoss and may soon follow some type of reorganization. Just look at the pps of the big boy suppliers as well. In retrospect, diversification by Todd in 2014 would not have made a damn bit of difference under the current circumstances. In fact, additional debt load would have sunk them faster. Bad luck for the industry is 80% if this formula, blaming a guy who expanded a great Co is simply sour grapes and back seat driving, especially by someone who has never captained the ship. BTW, expanding an ‘operating’ co in a competitive business ALWAYS requires at least 70% luck with contacts and contracts with some Cos going beyond the norm greasing foreign and domestic hands illegally. There’s not a big boy in the crowd who hasn’t been caught doing same and some just refuse to do it. It is what it is!!!
Hoss$$$$
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