GREY:ROAOF - Post by User
Post by
vikasron Jan 04, 2009 12:36pm
660 Views
Post# 15680837
Market has confidence in OIL
Market has confidence in OILfrom the last trading pattern, it seems the market has confidence that OIL has a good chance that it will be sold. If it didn'y it would have hit another low. It does have great assets and oil companies have huge cash to make the right aquisition. This would be a huge pay-off to any company willing to take the risk.