RE:RE:Question?There is going to be a lot of money to be made in this stock in the future. How long takes, n one knows.
Rumor has the Ruskies are already regretting their decsion to bail on talks. The Saudis on the other hand went immediately to full throttle. This has the potential to severely damage or even bankrupt some of the smaller OPEC members like Iran, Venezula and Nigeria. If the Saudis can knock that kind of production off in OPEC, and the US shale prroducers stop pumping, we are heading for oil to be in the exact opposite direction a year from now.
Watch where the puck is going, not where it is been.