Post by
Frank007 on Dec 08, 2022 9:19am
Stupid or corrupt
These baffines states. Everything was contingent on $100 Brent....they could have locked in hedges when the price was 120 ......instead they waist money buy in shares @ $12. When anyone could buy them on the open market for $10 ...lol either they are smoking that Columbia weed or they are stupid stupid stupid
Comment by
stormin1 on Dec 08, 2022 10:22am
Franky, Do you understand the concept of backwardation. You never could have locked in anything near $100 crude in the forward future markets!
Comment by
Frank007 on Dec 08, 2022 10:24am
Bargain.....and I can not type very well hence the spelling.....if it such a bargain. Why is cibc , Goldman, Morgan Stanley , shorting the stock ....and now you can buy options if you look you can see no one is loading up even to cover there shorts ....