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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Comment by superaliason Dec 03, 2017 9:19am
113 Views
Post# 27079980

RE:RE:Shorts are still a drag and Newalta is at 34% short volume

RE:RE:Shorts are still a drag and Newalta is at 34% short volume Oil will never break 90 again imho. There is a ton of it in the world, far more than anyone was writing about a decade ago. This January they're unveiling a battery that does 500 miles on a charge an the charge takes 1 minute. In the long term, oil is finished. But in the mid and short term it still has room to recover, specially with the risk premium in the middle east. So for me it's all about the next 2 years. 
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