GREY:BNKPF - Post by User
Comment by
wittmannon Nov 14, 2019 11:51am
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Post# 30351085
RE:RE:why oil will rebound
RE:RE:why oil will rebound Of course those important points aren't addressed by these lads.But it remains the most critical one.They also ignore why it takes so long to complete their strategic review.I guess it's easier to stick your head in the ground and label us as crybabies .
As for Carbonbulls article being pro oil,for every article pro oil...there's 10 more against.
I admit most are sensationalized due to the global warming, however it dictates sentiment.
Even though there's value in oilco's,it means nothing if the world's hedge funds,pension funds..whatever are pulling out of oil.
And they are.To speculate that some day they may go back in is a gamble.Its just not "politically correct" do do so.
And I'm sick and tired of hearing that dumb phrase BTW.
But it does dictate the oil market these days.
Otherwise oilco's would be much higher wouldn't they?