RE: Is This The Santa Claus Rally?There are so many variables now a days that predictions are very risky. If there is a recession in the states and oil falls back to 65-80$ all oil and gas stocks will fall back.
If THAI/CAPRI sand knockout etc. prove themselves to be viable that alone may double PBG from here. If technology lowers costs and environmental emissions, while increasing the amount and quality of the oil recovered, there isn't a company out there that wouldn't be interested.
I understand JW will be interviewed on BNN next friday at 11:30am.
My crystal ball sees PBG at 60-70$ by easter 2008.
Fc13