Post by
ngtraderng on Dec 18, 2020 10:21am
Brent at $52
And GTE still under 50 cents. Hard to believe such a low price will last if Brent continues rising. GTE is leveraged and will be re-rated quickly.
Comment by
ACESover on Dec 18, 2020 11:18am
My thoughts are pro MM's are surpressing and keeping price in check. I'm sure there are shorters behind this as well. Once we get through year end tax loss selling I expect GTE will make up lost ground real quick. ACE$