oil is back over $70And CPG is amazing at $60/WTI. The market is backwards on oil companies right now. Most are in such a good cash position that a downward turn in the price of WTI/b shouldn't put any downwards pressure on the stock price.
I guess you call these sellers weak hands, nervous and distrustful of the post-COVID recovery. Too bad I burnt literally all of my spare cash buying more CPG in the low $5s.