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Bullboard - Stock Discussion Forum Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

GREY:LSTMF - Post Discussion

Lightstream Resources Ltd. > OIL prices falling
View:
Post by bushhog1 on Jul 07, 2016 11:32am

OIL prices falling

Usually when there is a build up of inventory, oil prices drop.

Now there is a decrease in Inventory, and oil prices still dropping.

The  API said the Inventory fell by 6.7 Mln barrels and the EIA said 
no the inventory only dropped by only 2.2Mln barrels.

So oil is falling because API was wrong and nothing about over all inventory 
going down... what a game.
Comment by PROtrading on Jul 07, 2016 11:48am
Welcome to oil trading!  ;-)  NYC street traders are having a field day taking out stop loses from clueless investors and small time traders who are little sharks getting eaten up by big sharks. What's really interesting with LTS is it's not moving.  No buyers, no sellers.  Dead volume again. 113K shares traded across all systems on the TSE and only 13K shares traded ...more  
Comment by bushhog1 on Jul 07, 2016 12:17pm
Protrading "What's really interesting with LTS is it's not moving.  No buyers, no sellers.  Dead volume again." Wow... 2 hrs no trading 9:40 am to 11: 54 am. Feels like a Halt. Recent Trades - Last 10 of 37 Time ET Ex Price Change Volume Buyer Seller Markers 11 ...more  
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