RE:RE:IEA strikes again
Every time ATH pays off another $50 or $75 million of debt, risk gets lower and lower making it less of a short game and more of a long game when buybacks and/or dividends kick in. Also, the lower the debt the more ATH becomes a takeover target.
We just need wti to stay at or above current levels and learn to whistle and watch the horizon as the ATH ship comes in :)
Just my opinion of course
glta
Oilinplay wrote: So many junior retail traders convinced that the price of oil moving up and down a few dollars has something to do with the value of these. Gonna be funny when this pops and they all disappear quicker than they arrived. This thing will print money at far lower oil but buy high sell low is how retail trades.