VTLE was LPI, and the ugly website
home page is the only thing that
I see that can be holding it
down so cheap...
No idea of who pays what for info
in the inventory reports...
I am only an inventory report monitor...
REI still seems least likely to move
of those being followed because
the option pricing is still anemic...
Made money on REI ITM options
sold this week that were bot in
recent low price era,,,but they still
have to be sold without premium...
There is speculation that the uptick
in oil imports was helped by heavy
crude coming from Venezuala...
needed to mix by refiners...
Which doesn't affect the sweet, light
crude demand sold from Permian Basin,,,
and small companies like VTLE and REI...
Murban is still outpacing Brent price,
and that sweet, light crude from UAE
is getting strong demand from Asia...
Demand for Pernian Basin should also
hold well like Murban has been doing...
Peon thesis, of course...
But we need real reasons to stay at
the table with wagers...
Shorts of oil sector are in for some
'Traffic Shock' when they leave their
tranquil offices for Easter Weekend...
So we watch...LJ
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