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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Comment by Beenburned64on Jul 17, 2012 3:28pm
157 Views
Post# 20122764

RE: RE: If you truly think the story here is over

RE: RE: If you truly think the story here is over

I am not so sure that the direction of the markets is down from here. The basic scenario we are facing now is almost a heads you win, tails you win scenario. If the US economy weakens or even stagnates where it is, Ben has your back (how many times does he have to say it?) and weakness will be viewed as moving closer to stimulus so the dips will be bought. If the economy improves on it's own the market will go up. I am looking at call options on the SPX, not puts here.

 

Bullboard Posts