Replies to post #359 on FieldPoint Petroleum Corp. (FPPP)

[sweet crude]

Acquisitions will signal bottom is in

Watch for any news of larger oil players buying up smaller distress producers. The larger guys will not wait for bottom, but will start buying right BEFORE bottom is made.

Problem is once this signal is hit small oil plays like FPP will go bonke

rs on both sector buying AND short covering. These are always hard to time but watch for news of acquisitions in sector and jump in full boat