RE:RE:RE:RE:RE:$60 oil $9.30 Stock price >>TheRaj, what you have posted is indeed very interesting. My question is, are you saying that a Greek bailout will propel a rise in the price of oil, or something else will propel it? Lastly, do you believe or have you proof that Putin or those associated with him are indeed investing in N.A. oil companies? If what I believe you are saying is true, is Putin now not outsmarting those widely believed to have crashed the oil price in the first place in order to inflict maximum pain on him?
Kherson<<
Firstly, a Greek bail out wouldn't necessarily increase crude oil prices, but it would aleviate investor concerns in the short term and would reintroduce new investment money that had previously been removed directly because of the Greek debt situation. Secondly, I have no direct proof that Putin and other Russian oil CEO (and pally pals of Putin) have indeed invested lots of money in N.A. companies, but common sense would say that the people with political strenght and money would have and be investing in oil and gas companies (not only in N.A but anywhere in the world where a good deal can be found). I'm a very sinical person and I look at the obvious signs that are guided and motivated by political greed alone ... this is how I invest, and I am quite succesful at doing so using this simple technique. I don't think that Putin is outsmarting everybody else rather than he know the rules to playing the global investment game.
Basically I don't run with the small investors and rarely share their sentiments, I run with the big guys and make the leap of faith based on pure synicism.
Not to mess with anybody's head but it's also possible that the Greek bailout may happen but be delayed by a week or more with special conditions. Should the debt crisis past the deadline date then the global markets will take an even quicker downturn which would give the insiders a greater opportunity to load up on cheaper stocks before announcing the delayed bail out solution. Either way, Greece will be bailed out, if not by Russia then by the ECB themselves and money will be made.
I would research the stocks that are directly getting ripped apart by this Greek debt crisis and you'll know where to make a quick buck ...hint ... look at exports. But I suspect the bailout news will be sadly announced and confirmed on a Friday afternoon, when most major exchanges will have already closed.