OTCPK:MAUXF - Post by User
Comment by
Ronaldo123on Jan 06, 2015 12:55pm
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Post# 23290154
RE:Well show me any oil stocks that havent dropped 50%.
RE:Well show me any oil stocks that havent dropped 50%.It's great their producing more, but if oil keeps dropping it won't be feasible for them to produce. It's creeping very close to their cost and when they announce the cut of the dividends we should see a greater fall in SP. The Saudi's are testing the market and only the strong will survive. I don't think Mart is on life support yet, but if it gets any uglier it may be.