RE:RE:RE:RE:RE:John, Craig, Dean looking a bit dumb and lazyJonesing wrote:
I think oil recovery will be slow and bumpy. No one in OPEC gets along, and the Russians proved no to be trusted in the past. So we could see some recovery and then boom Russians or Saudi pull out of oil freeze and we are back down.
As for buyout I agree with you on that one. Lowering the debt makes a company like RMP much more atractive to takeovers or buyouts.
I don't think Russia or Saudis can produce more even if they wanted to, freeze at the highest level of production seems a little counter productive to me. On a positive note sure how accurate TD is but it's showing 1345 bids against 2 sells at the moment, I loaded more of Rmp today as I see it very undervalued.