InvestorsHub Logo
Followers 147
Posts 34805
Boards Moderated 1
Alias Born 05/01/2004

Re: doumdirty post# 95

Sunday, 05/17/2020 1:01:31 AM

Sunday, May 17, 2020 1:01:31 AM

Post# of 185
Yes, and the Digerati depend on fuel

to power their wealth accumulation...


The current asset valuation of

oil reserves of many companies

to share prices is at very

low levels...


You have to remember that

the fair value for oil price

comes when demand and supply

are near equal...


Until May, there was huge

demand to supply imbalance

that temporarily distorted

the oil prices down for a

few months...


Hope to find a way to

add more in the sector...LJ





Gee Beav, rithmatic isn't usually this hard to read!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTLE News