Post by
zack50 on Aug 17, 2022 10:11am
OPEC Chief today...
* warns of supply crunch
* indicates that demand destruction in China is overreated
* says there is a short of spare capacity
This means a higher oil price and a re-rating for GXE as its treasure chest explodes with FCF.
Comment by
Chefboy69 on Aug 17, 2022 10:22am
I agree now is the time to load up on oil stocks...my rule is buy when its hated or out of favour and sell when its loved and everyone is talking about it it works
Comment by
lashing on Aug 17, 2022 12:27pm
LOL then why didnt you buy in 2020?
Comment by
Chefboy69 on Aug 17, 2022 1:12pm
where do you live?? want to go out for beers so i can bi.tch slap you? I sold suncor at 52 and bought GXE average is 1.43