GREY:TBTEF - Post by User
Post by
bshort92on Dec 07, 2010 3:56pm
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Post# 17814254
$100 Barrel oil impact
$100 Barrel oil impactWhile the clowns play with the shares today consider what the impact of $100 a barrel oil will do to TBE's bottom line. The consensus on Wall St. is higher prices expected with $100 a barrel oil to be the outlook for early 2011. At some point the bullish energy forcast has got to translate into a higher share price for TBE based on its production and price per flowing BOE/d. Still looking for $3 a share in the next sixty days.