Why shoot the messenger Spanky Yo Mate! I see that it has been hot down East and it appears to me that you have been out in the Sun too long with out wearing a Hat.
You missed the whole theme. What I was trying to show was the dire straights of the Euro zone and Germany as the glue that was holding every thing together,but,now appears as a Train wreck looking for a time and place to happen as their economy is slowing down and will be the straw that breaks the Camel's back, if this event happens.
I don't see the revelence on who and how the article was delivered,as 90 per cent of the info was obtained from German government sources.
The point that I trying to make was that the World economy is slowing down and as the economies slow down,less energy(oil)will be required and this will drag down the price of a boe,if the Brent North Sea price is hit it will eventually cause problems for JR and Midcap energy companys seeking to stay afloat as their bottom lines shrink and debt starts to pile up. At this time I strongly disagree with how Ithaca is handling the Athena shut down.
Investors took it on the chin the first time when IAE announced they had been approached by potential buyers.Where was the Poision Pill to protect investors interest.Now we are forced to play musical shuttle tankers to follow the Athena action,without one word from those Mutts over at Athaca.
FWIW. Watch for news from China Friday,there have been reports of civil riots as the Chinese economy slows down and everyday staples are in short supply.
The Blew Bombers are in town,Fri. Hard to pick a winner.
in