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TRCPA

03/07/20 10:38 PM

#16360 RE: soldier543 #16359

All that will accomplish is to make the shorters drool even more.....especially if done shortly while coronavirus is still in full flight....as Lawler indicated.

Its equivalent to pps suicide at this point.

The smart move now is to go back to original plan, postpone any R/S, and wait to see what happens by May. Coronavirus may have already played itself out mostly by then. Oil prices are plunging but demand will dry up completely in short term, which means production will also plummet. When coronavirus scare ends, there will be low production and humongous pent up demand, meaning price of oil will skyrocket. And OPEC and others will take full advantage in the summer.