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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Comment by Sparkletoothon Feb 12, 2015 3:12pm
212 Views
Post# 23423476

RE:Crude Oil Price Action - Divergence

RE:Crude Oil Price Action - Divergence
If the oil price crash had, for example, nothing to do with supply & demand, and everything to do with "sanctioning" Russia, then peace in the Ukraine is bullish for us, counter-intuitively.  The bulls were tripping over themselves to go long oil in the spring of 2009, and we might just see the same thing this year for entirely different reasons.  Generally speaking, oil shorts have been punished nine times out of ten.
Bullboard Posts