The big guns knew.Hey Journal,
Get ready for action!
Last friday, crude oil was at 104$, but PBT went up quickly, like if someone knew that crude oil would push up soon. Guest what. This morning we are 107.30$/barrel. Just like if the big guns set the table for Monday morning rally, thinking let's set the closing of PBT at 23.04$ so monday morning will have a higher lauching base. I think that we are going to have a nice rally this week on oil and PBT. But be carreful, the PBT share price did go up, but not on a lot of volume.
Good luck everyone!