RE:RE:Andrew Mccreep on BNNThese guys were probably told to Tone down some of their rhetoric. Perhaps some have not got their positions that they want at this level yet. All in all, I agree, Oil stock prices have factored in already lower oil prices and if the inventory keeps dropping it can only help but increase the shareprice in some of these oversold big oils.
Another $18.50 test of CPG low again today. Classic move on a short-term bottom. I would not get too excited about a small move up after the seller, that's why I had just with a few September $17 puts . Good insurance.