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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by slacker101on Aug 16, 2016 12:03pm
161 Views
Post# 25146252

Obviously the institutional money...............

Obviously the institutional money...............doesn't believe the increase in the price of crude is sustainable. They are running up the price of crude futures ahead of the inventory reports and selling oil stocks to unsuspecting retail investors. 

When the 'surprise' build in oil inventories or gasoline inventories is reported tonight and tomorrow, oil will drop, stocks will drop assisted by institutional shorters and retail investors will panic and sell.

So why is NBZ dropping while oil is rising? The increase in the price of oil is not believable.
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