Thoughts on Nuttal?So it sounds like Nuttal bought north of $1.50 and he already has to backtrack and explain yesterday's dip. Royal Bank sees $57 oil for Q1 and Q2 and $60 to $65 oil for Q3 to Q4. So if oil stays around $60 for the year where do we see the share price? Considering it's a $1.30 right now at $59 is there really that much upside? I am hopeful but this seems like a long term plan and short term it's dicey still. Nuttal must be swearing and sweating after just buying and watching yesterday's events unfold.
Here for a hundred grand and not a $300000 loss.