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ZNSTATED

04/07/21 4:37 PM

#17242 RE: BWMG bull #17241

Something tells me these are going well exponentially higher over time.

I wonder if peeps are scalping Nemo's?

Z
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geodan

04/07/21 9:07 PM

#17245 RE: BWMG bull #17241

$4k day X 365=$1.46Million hope that rate is avg rate soon. That is just one sales channel for Nemo. We are going into best sales part of year that lasts till Sept, the next 7 months. I was expecting the big #s for Nemo, it was the huge increase in the legacy 3rd Lung sales that surprised me.

Throw in L&W making a comeback now that covid is waning and 2021 can be spectacular.

Here is some info on the fast expected 6.2% econ growth:

Oil rallied 22 percent in the first quarter as the rollout of vaccines spurred optimism that demand would rebound.
A stronger global economy this year is set to accelerate oil demand growth to 5.5 million barrels per day (bpd), the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook for April this week, raising its demand growth forecast by 200,000 bpd.

Global economic growth is now expected at 6.2 percent in 2021, up by 0.4 percentage point from the March STEO, as per estimates from Oxford Economics which the EIA uses for prediction modeling.

Next year, global oil demand is set to rise by another 3.7 million bpd over 2021 and exceed the pre-pandemic levels from 2019. World consumption of petroleum is set to average 101.3 million bpd in 2022, EIA's latest estimates show.