RE:RE:HEALTHY PULLBACK COMING ??Northsun wrote:
Highrider2 I am glad to see that in your return to posting on this board, you are expressing your bullish feeling for BTE and other oil stocks.
I have posted a lot of positive articles relevent to the outlook for oil, I hope you will support me in this endeavor.
Good luck to us all, may BTE be one of our most successful investments.
Read more at https://www.stockhouse.com/companies/bullboard/t.bte/baytex-energy-corp#D3xKqBgs6bKfvAwk.99
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Well it's all fine and dandy to be positive and bullish about oil/oil stocks and to support each other. But this is not a frickin' rah, rah, cheerleading section here. We need both realistic sides of the story presented (without any scare tactics) to help us make effective decisions in a timely manner.
As an example, as Gashole has posted, if oil continues to rise, then in all probability the Frackers will start back up pumping again ... and then were back to square one and haven't really achieved anything as oil still wouldn't have bottomed yet because of the over supply caused by these Frackers. We need some Bankruptcies for oil to bottom.
Anyone have any constructive contributions on this???