RE:Pro's must know something...what?
w8asec wrote: This is up quite signigficantly today in relation to peers and on higher volumes... so the pro's know something, and today might be the "early" indicator...
... any thoughts as to what that might be?
Obviously the Qtr. financials should be stellar at an avg. oil price 10% lower than currant WTI or WCS.
,,, but that is true for Peers also.
Thoughts?
I believe most Oil producers are mispriced currently based on the previous reported quarter of around 75/oil, the soon to be announced quarters will be with oil around 85... I believe when these numbers come out big moves will come... we are starting to move up here and that should continue...
I believe CPG will be one of the first major names to report and we are a a couple days behind them... but the CPG number should really set the tone of what's coming...