Post by
Sirlostalot on Dec 01, 2021 7:07pm
Nuttall Thesis
Have to think that even if the Nuttall and Co. Thesis is just wrong, and going forward supply roughly equals demand and wti were to settle in at 58 for the next 10 years until demand really starts to diminish , that this is still a very good investment when base dividend and production is covered in the very low 30s, management acumen and regard for shareholders will make all the difference.
Comment by
kisstopherp on Dec 01, 2021 7:17pm
We will be $120 in 2022. If WTI is in the $50's for a 3 -5 months we will hit $200. All that will do is further reduce supply and bring a bigger bang once the vairant is dealth with. The world can't prodcue enough to keep up with current demand nevermind post-covid demand growth.
Comment by
timjim0417 on Dec 02, 2021 2:39pm
Lol gotta admit mr. Nugget got us on price going back to 3.50. Almost hit 3.00 this morning. Think the low was 3.14 maybe. I'll be paying more attention to mr. Nuggets market calls from now on. Some say mr. Nuggets is secretly a pro stock trader wink wink nudge nudge
Comment by
Galou10 on Dec 02, 2021 4:42pm
Even a broken clock is right twice a day.