15% is nothing. I remember in Aug 12 UBNT lost 40% in a single day on bad guidance. Definitely not for the faint of heart.
Joe, I think you hit the nail on the head.I suspect the US and Saudis have not conspired (that sounds too devious) but are waging economic warfare on Russia. A punishment for Putin's Ukraine adventure. Among the collateral damage are oil companies shareholders. But this too shall pass.
Oil is or will be obsolete as a fuel, lubricant or coolant.I say au contraire.Don't know where the bottom is as yet no huge volume puke but price is good enough for 1/3 of a position.But I could be wrong.
It is a bit of head scratcher.Although pork prices are down,corn is down over 50% since the beginning of 2013.The trading in SEB is pretty good illustration of why it's so important to have some ready cash on hand.