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Online Share Trading

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Where will it end?

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Vypir
Contributor
Got out of the Short too early :-(. Was hoping for the turn around and a nice Long run... but alas, oil is just getting cheaper and cheaper. Any opinions?
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12 REPLIES 12
Copper
Regular Contributor
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warhippo
Super Contributor
The old story is that nobody really knows. However these type of stocks remain under pressure world wide. Also: Ethylene and polyethylene prices historically have a strong correlation with crude oil prices according to analyst at Goldman, which might make sense.
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Rams
Super Contributor
Yes, agree Copper will get there .....but may not end there....
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The_Trader
Frequent Contributor
It all depends on when the Saudis are going to cut production and how long the worlds big oiltanker is going take to turn. (Figuritively speaking)
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The_Trader
Frequent Contributor
It all depends on when the Saudis are going to cut production and how long the worlds big oiltanker is going take to turn. (Figuritively speaking)
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The_Trader
Frequent Contributor
It all depends on when OPEC is going to cut production and how long the worlds big oiltanker is going take to turn. (Figuritively speaking)
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The_Trader
Frequent Contributor
It all depends on when OPEC is going to cut production and how long the worlds big oiltanker is going take to turn. (Figuritively speaking)
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fressa
Regular Contributor
Its starting to tempt me a little. Price has come off quite a bit. Trading at a low P/E.
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koos2
Super Contributor
under $50?, its all about the frackin spin.
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prancing_horse
Super Contributor
If this continues lots of Aston Martins, Lambos and Ferraris for sale soon, and being back to "camel jockeys"
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prancing_horse
Super Contributor
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fressa
Regular Contributor
anyone know how sasol have funded their shale project in the US and have an idea?
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