Kosmos Energy Ltd. (KOS)

[Squirrely_McShitty]

Consumer demand, far from waning, is going to explode with the ending of stay-at-home orders this month (in most areas, likely - check with your state gov't for particulars). It is already a shitshow of bored and stimulus-check-fat consumers rushing the still-open "necessary" business (Home Depot, fast food, Wally World, etc.). Wait until the mom-n-pop stores open. Oil stockholders are going to witness a HUGE snap back in PPS.

$KOS closed today at 1,65. It's 12 month high is 7,55 (in mid-November), low was .501 (in mid-March...obviously a virus-related drop). $KOS was as high as 6,50 in mid-January before the virus really kicked in and the Russian-Saudi OPEC dispute was resolved. Now extremely undervalued considering near-term economic conditions.

As goes amerikan consumption, so goes oil consumption. If we were to retrace to even half of January's value (6,50 ÷ 2 = 3,25) in the next few weeks, we are looking at dollar gains of 1,60 per share, or about a 100% bounce, over the next week or two...three at the most. Possibly even more. The bottom is in, the turnaround has begun...the six month chart, consumer patterns, and common sense make that clear...not to even mention heavy 'tute buying after hours today.

In my opinion, any buy in under 2,00 holds much short-term promise!

Go $KOS!