RE:RE:RE:Last time oil was at this level oh i would totally agree with you on that, i originally came here to flip this a few times, i didn't come here to collect a high dividend or any of that, i can collect a higher divvy elsewhere with potentially less risk quite frankly, having said that i wouldn't be a bit surprised if this gets to 24-28 it really doesn't matter what has changed or hasn't changed, when people get stupid they will buy anything that appears to be going north and typically at the wrong time. all my current shares in VET are what i made flipping it and i'm already far enough ahead to dump if it turns a day or so of ugly, for the time being i'll remain positive on it. cheers!
shirtlessnomore...I wish it was that easy to forecast share prices in the oil patch. Unfortunately a lot has changed in the sector...so don't expect those lofty SP prices when comparing it to past oil prices. The sentiment in this sector is still very ugly and no much of else has changed. I doubt you would see VET at 35 dollars even with 80 dollar oil.