RE:RE:RE:RE:$10 comingUppersDowners wrote: one of the worst stocks today as we continue to set new lows. Who ever is shorting oil stocks are making a killing. What goes around comes around my grandfather used to say.
The shorts are all those guys like Nutall that bought positions when the price was high. They have to try and make some money back! They are also the buyers as things free fall, hoping to lock in at some point.
with oil prices so volatile ( down $1.5 today) it's going to take some serious events to bring this situation to a head.
So how about us Canadians getting our poop in a group and get some oil and gas to ports!
We have a great opportunity to turn our oil and gas industries around. But no B.C. and Quebec have to have their special interests catered to. I'm quite sure the Saudis are loving the fact our great Country is mired in catering to self interest groups while our nation as a whole suffers with trying to export our products.