OTCPK:PTORD - Post by User
Comment by
wittmannon Jun 21, 2017 1:39pm
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Post# 26388553
RE:1.85
RE:1.85You picked the right name for yourself.Your sentiments change like the wind.Understandable though...you're not alone.But you guys should learn from the past.Electric cars are a joke..they aren't responsible for any statistic lol...tree huggers dream.Someday ..possible .But with gas at even $1.20 a litre in Canada..sales were terrible .
As for another posters point of oil in a bear market..no kidding .Anyone can read headlines.
What about 2 lousy weeks ago when these same headlines stated that net LONG positions in oil were the highest in many weeks??What happened to that?
My whole point is ALL oilcos are (as you put it)..toxic today.
But some of you guys should look to the future like some of us do...this driving season nonsense is just another excuse.It actually starts in earnest in JULY..not june.And that was always simplifying things as well.Media (especially biased American) has always figured the world goes around the Americans.All these negative scenarios ignore facts from the rest of the world.
Besides right now in this market..negative as it is..even a good day of oil #'s will do little.it will take a few more weeks.
I predict based on charts,futures ,past cycles..and personal experience..that JULY will show a reversal in oils slide.But that's still a week and half away.
Much will happen until then.
Besides..many so called oil experts predicted oil to be between $40and $50 this year.
So what's the surprise lol...it all depends on your timeline.