GREY:DPGYF - Post by User
Comment by
pulverizeron Nov 21, 2014 4:01am
393 Views
Post# 23150917
RE:RE:RE:RE:What Gives?
RE:RE:RE:RE:What Gives?LTS sure had an interesting pop today.....
I made $$ off DEE once before and probably will again. I bought this years back at $2.11 and it dropped down low into the $1.50 range or worse. 2yrs later it went on a tear. I got eager to get out and sold at $2.70 only to see it go into the $4 range.... but hey I made something. To see it back down here again is a play on deja vu. It'll be fine, oil won't go down too far. Speculators can push the commodity down as far as they like, that would just be for a short term. Hell, even the drama in 2008/2009 was really only a period of a few months. $75 oil, $70 oil, $65 oil only means shut downs of production everywhere, locally and abroad. The energy commodity is volitile. If oil hits one of these low ball targets it won't last longer than a few days.
Nothing ever does.