RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil productionRaises to continue till something breaks? Fed has stopped the party, which is great, before too many people got hurt...too badly. Only sure thing, we'll reflate soon enough.....we're at war, in a sense, in Ukraine, so surely increased military spending / Supply chain disruptions hobbling various industries / Oil prices should not go up...oil fungible / Food prices sure to rise / China will/won't play nice with U.S..... a few of things to weigh.
Am playing individual stocks, each with a story that I like.....the changing economy made me reassess each story....adjusted holdings some......most, like WEE, could double, triple, more, on one nr .... and certainly have a 12 or 24 month expectation of doing better.
WEE up 300 %......sure it's possible. An offer......I'll take paper, from the right company. Being more modest, two consecutive earnings reports, with earnings ( a foreign concept I grant you in this company to date ) could double sp.
Even no profits but sales accelerating over two quarters would get shareholders hot and sticky, with those holding to that peculiar meme, believing once again in a benign deity who forgives even our more stupid decisions.