RE:Where's the Bulls?Well said SHLINKER, NOT.
Tell me what is negative with PTA except fot the oil price?
They have cut capex as they wont sell there treasures on the cheap, you just dont seem to get that.
It only makes sense to put all investments in the tank and wait for more profitable oil prices, eazy game and no pressure cause they dont have debt.
There current cashfow on current oil prices also isnt to bad and money they are losing is very minimal, they can play this game for years untill oil rises again.
Shlinker_ wrote: Pretty quiet board the last couple months. what happened to our bullish posters that said this was the easiest money available? Yes, finally, as i said for over a year, the tail is between the legs hey. But no one wants to listen to anything negative, and unfortunately negative, is real, with Petroamerica Oil Corp. Perds, your cow heard has been slaughtered by the bulls.