RE:RE:Peter Tertzakian: This oil bull market is already a cash-floI think you are definetly on to something. Valuations will as a result take a little longer to get up to par, but will eventually get there.
But many hedge funds will need to get in or they will underperform. Generalists are starting to get in. This is a gift to retailers to make good money. More and more will come.
I think O&G bottom occured yesterday at 9:30am, NVA $6.99.
Oldnagger wrote: Just a random thought after reading this article, could it be that as instutional investors are pushed out by ESG pressures, that they are being replaced increasingly by retail investors ? This would help explain several things, including lower share price evaluations relative to fundamentals, increased volatility and increased susceptibility to manipulation , i.e. thru forced limit stop loss selling ?
What do you guys think? And what do you think should be done about it ?