Post by
DukesMtl on Sep 26, 2022 1:23pm
Getting past this is easy compared to March 2020
Sweet Jesus! This doesn't rattle me at all! I was a bag holder when ATH was at .14 and at risk of banruptcy. Now, they are almost debt free and winter is a month away, SPR release to end, OPEC to declare more cuts, Sanctions against Russia to kick in full throttle and 300,000 troops mobilizing in Ukraine.
Sell at your peril!!!
I'm waiting for a bottom and backing up the truck to ride the gravy train up up up!!!
Don't say Dukes didn't warn ya!
Comment by
Yfbcmu on Sep 26, 2022 1:51pm
What do you think the bottom is this time?
Comment by
fellowship on Sep 26, 2022 2:00pm
We should be around there. It does not make sense to go lower unless someone going short big time.
Comment by
MLEWICKIMBA on Sep 26, 2022 2:04pm
2014 October Ath 1.56 I have on my email Oil was 74.00 WTI Debt was $450M USD They had higher cash balance then It seems not much recognition today for debt repayment and debt level?
Comment by
fellowship on Sep 26, 2022 2:06pm
Because the shorting -the market is fair , check current shorts position.