RE:I’m predicting a bull market in oil!Too funny. Did you not notice over the last year oil stocks are up 3,4,or in baytex's case, it's up 7x ? Now you want to make the daring prediction of a bull market? Whoa, let's not get crazy.
Relaxrelax wrote: If this is true, based on the covid recovery, cutting costs, covid money, Saudis needing a sustainable $70 oil price to balance their debt, well we should be seeing a major sling shot effect as the shorts are going to get slaughtered! Major shot squeezed I believe has started. Let's keep the price high and wipe out these guys once and for all. I heard even Reddit is listening.