GREY:VFGGF - Post by User
Post by
bargnhillbillyon Jan 05, 2015 1:33pm
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Post# 23286567
With Crude @ $50.00 A Barrel
With Crude @ $50.00 A Barrel
I don't look for many of these small oil companies to survive. Yes, Bigger companies may swallow them up but it is sink or swim time for these small ones and the big fish know they have the upper hand. It's either buy them up for pennies on the dollar or go bankrupt. Neither a good choice for Pinecrest and small ones like it. It's not a time to BUY MORE as some here have mentioned. Unless you want to lose more. Final thought, It might be a good time to invest in some of the big fish that will survive but which companies will that be? All just my opinion. GLTA