Oil where it is priced today we are a multi-penny stock. Gee Saudi's get your house in order, we dont want to see these kind of events occuring....
But I hear what you are saying. Speculation like this will tend to cause oil stocks to price in advance for those potential events. We could get a huge run based on the fact the momentum turns this way to hedge the rest of the markets against an economic slowdown skewed to high priced oil.....
You know when the markets see oil stocks, commodities, and precious metals up every day while all the other sectors take the hit....
Crazy.... we dont need that to get to .05 cents though...
TODAY:
Either MM's playing around or Pressure is building a bit..
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