RE:Oil rally $$We have to start wondering why TVE and other similar mid-caps have been under pressure the last couple weeks despite stable oil prices north of $100. We all know they're making buckets of money with an ability to quickly pay down debt and then either add to, or start generous dividend payments.
So what gives? I'm increasingly worried we will find out on April 7th. It explains why these stocks have been dropping recently and can't get back to their highs from last month. Rather than having substantial profits to distribute to share holders, I worry that our NDP lead government will be taking the lion share of this money to fuel the woke dreams of our socialist lead dictators. I really hope I'm wrong about this, and the market is just taking a breather for the next run up as earnings reports start hitting the press in another month or so, but I'm am increasingly concerned.