Post by
NobleHouse on Jul 03, 2024 1:01pm
Big Jake
The API has never been our friend unless you intend like Packer dumping all your oil shares today. It's just as likely that next week those paid hacks of both Liberal governments and Big Global Hedge funds say that there is a huge build next week and while retail investors are buying those Big Hedgies are the sellers today and then will jump right back in when MrRetail panic sells. When are the small guys going to join the real world.Those Oil reporting agencies are just clones of those rating agencies that back in 2007 were rating junk and criminal CDOs etc as Triple A and even countries like Norway and in particularly the city of Narvik bet it all in on their word.Bankruptcy and pain was the result .The fact that these cretins are even in business is a joke as they will say and print anything if paid to do so..Our Friend , Really.
Comment by
DivChase on Jul 03, 2024 1:09pm
100% Noblehouse. I've been watching those agencies report for many years. The one thing that is predictable is this. Every week it's always a SURPRISE. Like kinder surprise for the kids. Always a crappy toy to disappoint the kids.
Comment by
NobleHouse on Jul 03, 2024 1:48pm
Yep and the kids being kids buy into it will will be better next year , maybe , maybe not , but it is surprising how many retail investors including some bigshots on this board buy into the Fairy Tale.