GREY:TBTEF - Post by User
Comment by
bshort92on Aug 18, 2015 10:53am
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Post# 24027596
RE:Management
RE:Management
Relax man. This issue needs to ratchet lower like all of the other oil and gas plays out there. This whole situation is setting up for a classic world wide stock market meltdown. The E&P industry is already washed out but will probably go lower once everything else sells off. Not a matter of if but when and September is usually the month for this event to occur. Fact of the matter is the E&P market is sick and its inevitable for all other sectors to contract this same sickness. There will be a time to invest in E&P. First will be the big multi national players, then the national players and then the small regional players like TBE. But that is a bit way off. Enjoy the ride down, the ensuing dead time, the stagnation and then the re birth. Right now the world's economies are controlled by the wrong people in charge. That malady can and will change but people need to feel the pain and experience this ideological struggle. Eventually it gets rejected and everyone can get back to making money including those morons in Saudi Arabia who are basically dead men walking once ISIS sets their eyes on that fragile kingdom.