GREY:TBTEF - Post by User
Comment by
konzelmannon Jun 13, 2014 8:43am
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Post# 22656696
RE:RE:RE:RE:RE:RE:Rising oil prices
RE:RE:RE:RE:RE:RE:Rising oil prices
I'd say that with oil prices doing well it's actually a bit of information that will likely result in good quarters in the future as hedges come off the books and that it will 'surprise' people. The fact that the stock hasn't gone back up yet is just going to cause the upside from the 'surprise' to be greater. I mean, I know no one should be surprised when an oil producer does well when oil prices are high, but for some reason it tends to happen anyway. It's as if people don't put two and two together and realize that high oil prices will result in a good quarter. The good quarter comes, everyone acts surprised, and TBE goes back over $2.