OTCPK:VREYD - Post by User
Comment by
emba33on Jan 17, 2015 6:04pm
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Post# 23331888
RE:Wow good day !
RE:Wow good day !Hi paulantoine1 ... for all the longs ... we all hope it will not crumble below $7.40 ... but you can bet, this stock will not be spared from plummetting oil prices. Since we don't know where oil prices are going, you need to be prepared for the possibilities ... and the situation, as you know, has been very volatile. It could easily take years to restore to it's former valuation ... and could half again (or double) from here. Fact is ... nobody knows.
We all know, if oil recovers, Torc is a very well run oil company, and they are in a good position to capitalize from improving fundementals.
I hope your portfolio has some less volatile investments (utilities, REITS, etc) to help you weather the storm.
Emba33