GREY:LSTMF - Post by User
Post by
orlandoflon Jul 11, 2016 4:43pm
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Post# 25042417
recent slide in oil prices won't help the situation
recent slide in oil prices won't help the situationI was wondering if LTS took advantage and did a lot of hedging over $50 oil - I thought that might be a good idea for them to buy a year and see where oil prices were as they could likely survive over a year at over $50 oil - will be interesting to see if they make it - looks like a coin flip