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betahighlander

05/31/16 3:45 PM

#11430 RE: betahighlander #11429

anothe analogy is you borrow money to buy a house (oil property) and the price of the housing market collapses (oil leases et. drop in value due to current price of oil dropping)
you are making you house payments but you owe more than the current value.

Management hands over keys to the house.

the reason this is better than the car is everyone knows the housing market would return.
And everyone know oil prices and oil leases value will go back up.

The poster who mentione this seems rushed before prices go back up.
Was on to something.
There are people who are going to make a lot of money at the expense of the common shareholders.