GREY:VFGGF - Post by User
Post by
waw33on Jul 17, 2013 2:22am
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Post# 21612108
Disagree
DisagreeOil prices much higher then the forecasted guidance for Q2 plus waterflood boost plus costs taken in Q1 while it was cheaper then doing it during Q2 will make for .04 earnings instead of the .03 estimate. Last years Q2 was a .01 surprise to the upside as well.
With this and QE starting to wind down in the US we're seeing money start to come into the sector.
You fools that listen to those chumps on BNN... they loaded up on US banks when they dumped the oils. US Banks making guarenteed money of QE's was a no brainer, now they want you to buy them from them cause as QE winds down it's all going to collapse and they'll be all loaded up on materials and oil as they sky rocket to new highs. BUT Ewww!! no one wants oil and gold anything, run to the financials!!! go go go....
oh man...