RE:Crescent Point Energy - HALF OFF SALEWhy waste your time posting on here with oil will be 20 by summer. You know as well as anyone here and around the world that 20 oil would destroy just about every oil producing country in the world.
That statement is so far out of line I can't believe one would waste there time to post it.
The opec cut back news a few months ago was nothing more to get mom and pops money to flow into oil stocks, I will agree with that. All to release constant news on inventory surplus to short and steal mom and pops money, but just as they drove the prices down they are going to have to drive them back up to get mom and pop to reinvest again, so you know they will release positive news on reserves and OPEC again here soon wich will drive the stocks back up or how else can they continue to steal people's money, just make sure your able to get out with a small profit when they do push them up before they lay their shorts in and drive them back down again.
Its easy to see what's happening here.
Theres volatility in oil which is where big money is made. There in no volatility in gold, IT, telecoms, rails, coal mining ect, so they focus on where they can make money and that's oil, its fluctuating 5% in a week wich translates to about 20% in most stocks so that is where big money will focus their manipulation and shorting for time being until it shifts to something else.
Play the game and hope to be on right side of the trade, and if you are you'll make huge money, but I bet my left --- that oil will never see 20 and to say that is just wasting everyone time here.
It's so far out of line that I think I'll put you on ignore from now on. I can't even be bothered to read someone posts that clearly has no idea what's happening.