AXP Energy Ltd (AUNXF)

[learningthetruth]

Let's get to .03-.05 for starters...

Good take here tonight:

Crude Oil and related stocks like XOM, OXY, USO etc pulled back sharply this week. USO at one point was trading around 85 before pulling back to 70.
I think this may have been temporary and I expect these to bid higher. There is malinvestment or CAPEX is skinny in these names and I think it gets worse before it gets better. Especially when you look at price of Crude, even at a 100-110 bucks, it is equivalent to 65-70 dollars in 2008 dollars when you consider inflation. I feel there’s room to run.
What exacerbates this is the conventional supply channels and terms of trade are all in disarray. This is an environment ripe for a sharp move which I think has not yet happened.
I would not be surprised if USO traded a 100. If Crude tested 150. Note some of these names like CVX and XOM were shared by me earlier in this blog at 120 and 50 respectively before their massive moves.
From Tic Newsletter.......

Good watch as well....