GREY:CUDBF - Post by User
Post by
longshortmanon May 07, 2015 12:48pm
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Post# 23704729
Look at the Oil market as it is today, not 6 months ago.
Look at the Oil market as it is today, not 6 months ago. People tend to overreact in bear markets. There's lag time to news and people react slowly, on old data. Bearish talk has an overhang because people feel the pain of previous losses. But meanwhile there's a massive recovery going on in oil. OPEC isn't squeezing the flow, and still West Texas is up nearly 30% from the bottom, over a 3 month time frame, which is meaningful.
Has anyone noticed that over the past 3 months, Oil is the best performing asset class in the world?
No one bought POP cheap. It’s -63% cheaper than it’s last financing, and soon it will start to catch up to the surging oil market. Add the coming GSR and it’s easy to pull off a quick double before anyone from the last financing even thinks about selling.
Guys, we 10 centers are the floor now and we can safely pound it out all the way into the mid 20s.
Easy money and no need to write down her number or remember her name!
LSM