Fresh Tracks Therapeutics Inc V.BBI

RE:RE:oil down another 2% today on top of the big drop yesterday

[Maxmoe]

Seppelt wrote:

WTI has currently stuck in a narrow range of $68-$72 or $67-$73. When it moves down it's all the same talking about a possible severe recession and high interest rates (EU is already in a recession in Q1-Q2). On the way up it's about lack of investment in large scale projects, tight supply and so on.
In the meantime, Biden administration is still releasing crude from SPR. This should end on June 30 and then Saudis said that they will cur production in July, at least for a month.
 So it will be interesting to watch the commercial crude stocks which are based on true supply and demand, and not affected by Fed interference. In fact, the Fed said that they plan to replenish the reserve by purchasing about 6 million barrels later this year. 

In the meantime, this stock drives me mad and I am willing to fight the sellers. Luckily, I have some cash curtesy SDE. And there are other candidates to hold and trade.

And the cash from the big divy next week. Couple million shares if it's all reinvested. Couldn't hurT.