How can the American Drillers possibly pay high labor cost as the rest of the third world's laborer work for $3.00 a day ?
How can the American Drillers pay high production cost for pipe, machinery, ect, as cheaper third world drillers are entering into the field ?
WOO ! I don't care if Blackrock or the U.S. junk bond market bails these guys out.
Time to get out of this stock. ....SEE YA !
Sentiment: Strong Sell
One can only speculate what the F is going on. We both agree that it is def corrupt but I don't see the FED bailing out small energy banks like CFR and BOKF. It will play out this year so we'll see what happens.
"The FED is buying energy debt".
Very interesting and very corrupt, but this is why I'm saying these corrupt fat cats "Always win". They have the FED's ear. We have the FED's backside.
Sentiment: Strong Buy
The most troubled energy companies are all rallying the hardest during this. Record inflows in the junk bond market. The fed is buying energy debt. That's why all these bankrupt companies are flying to the moon. Not because of blackrock.
Your betting against Blackrock the most corrupt and riches of manipulators.
THEY NEVER LOSE !
You can't stop greed.....follow the pig droppings.
There must be QE going on right now that we'll find out later after they take the markets to new alltime highs.