Post by
Girn81 on Apr 12, 2020 3:31pm
Tomorrow...
Now that a historic deal has been reached, I hope HOU shoots up.
Comment by
LongTbuffet on Apr 12, 2020 4:04pm
Short Squeeze tomorrow. The willingness to cooperate on a global scale is extremely positive moving forward. I'm surprise they agreed on a deal.
Comment by
GoodTimesAhead on Apr 12, 2020 4:27pm
The deal won’t bring the price up to $70 again but even if it moves up to $40-45 we will be doing great. I wouldn’t want to be holding HOD at this point.
Comment by
LongTbuffet on Apr 12, 2020 5:22pm
If we see the $40-$45 range for Oil, HOU SP can go up to $15 a share. March 5th is the last time oil was trading at in that range and HOU was trading at $35.00 Now that an output deal between Saudi / Russia is on the table we could even touch $20.00 tomorrow. That might be a stretch but will see what kind of Short Squeeze we have tomorrow.
Comment by
gainwidpatience on Apr 12, 2020 7:13pm
I was expecting better deal to improve WTI price :(