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azs

06/17/11 1:17 PM

#114428 RE: bbotcs #114423

JBII is THE lowest cost producer of petroleum products anywhere. Period. As the price of oil drops JBI's margins relative to other petroleum products producers will go up. It costs the Saudis, the lowest cost traditional producer, something like $28 to get crude out of the ground. Refining and transportation are extra. Aramco would be lucky to get 20% margin at $50. JBI will still have 400%. I am sticking with JBI.
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NewMoney

06/17/11 1:41 PM

#114435 RE: bbotcs #114423

No opec won't go there. jmho
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miss_shapiro

06/17/11 1:44 PM

#114436 RE: bbotcs #114423

Yes and $100 gold is possible too, just not very likely. And I will go out on a limb and say that every stock on every market will go up or maybe down or maybe up or . . .

Not exactly Nostradamus are you?
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pokio

06/17/11 1:44 PM

#114438 RE: bbotcs #114423

I saw a story on the news about all the safes that were strewn about after the tsunami waters receded. There is now a warehouse full of safes in Japan with no one to claim them. I'm sure these poor souls were thinking that this was surely better than putting their money in a bank that could fail. Now the children and grandchildren won't even see that money!

You don't know what tomorrow will bring. Just make the best decisions you can right now with the information available.

Was a 9.0 earthquake that wrecked northern Japan possible?

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Justice37

06/17/11 2:26 PM

#114445 RE: bbotcs #114423

Unlike Greece, Japan is a Big 8 economic leader, the earthquake/tsunami has devastated Japan's economy and manufactures across the world, such as car manufactures who are only now (this week) getting back to pre-disaster production levels. Oil prices were impacted slightly, just saying.