Sell sell sell.... This wil go to 0.35 within few weeks.... Before reverse split...
Sentiment: Strong Sell
Pickens trying hard to save is oil stock from falling further ..... he uses his wealth and influence to drive prices. I would not rely on his arguments. You should know better about wealthy people, they will do all possible to increase THEIR wealth ... not yours or mine.
you thinking is limited to muscle cars....that's not what's the world is driving. You need to think globally and apparently that's your limitation. Keep smok'n
What are you smoking? Never heard of supply and demand? Too many nations exploiting oil .... and lots of it, more economical cars on the roads than ever!!! Europe switching fast to alternative energies and hybrid solutions, even in the US. China adding cars to the roads but all extremly economical vehicles. The latest oil recovery was a technical one and induced by traders and exchange rate... OPEC will keep pumping the #$%$ out of Arabia and Iran will join soon. The odds oil will retrace to new lows is highly possible.
REN should bounce harder. $1.19 from $1.74 is a haircut of more than 31%! Is there anything else going on or just profit taking?
Big times PUMPING campaign has started. Some few will make big money out of you fools!
Chart is very clear, it's on its way down and there's absolutely nothing new that would initiate a trend change. GALE's uptick is a fake one .... sell the opportunity!