RE:RE:RE:Still addingI think it is, at least partially. My specific hope is that over the next few years, oil will at least gravitate to 50-60. Companies starting to ramp up production again at current prices does make me wonder if it'll ever happen, but I do remain hopeful that it won't be production at any cost, that the lenders have learned some lessons, and some of the things I've read are forecasting this roughly.
Either that or a buyout. I'd still lose in a buyout but at least it would be better than the current price. The movement below .30 is cause for concern I believe, but if you have the guts, it could be very profitable buying here.