Replies to post #5515 on Gulf Coast Oil & Gas (fka GCOG)

[mick]

this is an update i haven't heard yet.....hard to eat crow but he knew when to let shorting oil options go.

it is an options trading market for oil.

probably one of the best ever for any option player.

i thought pickens was right in about FEb.,2008 saying this.

RE:
You're right Mick. Pickens is pretty highly regarded in the oil biz. He shorted oil at $100 a barrel, then admitted he was wrong. I believe he is now thinking oil could reach $200 before end of summer.