don't sign up for any of these class actions - I have been in the market since 1976, and have never received a penny from nuisance litigation - they are basically shake-down artists that represent themselves.
- they didn't mention oil fields, but that is assumed. . .the first missile to hit an oil field will cause oil to return to $100 in ten minutes. Stay tuned for more middle east mess - Nice safe Canadian oil might be the way to go here.
The WSJ had a map the other day showing Yemen on the Southern end of Saudi Arabia - frankly I didn't know where the hell it was. . .The Manchester Guardian also had an article about Yemen and the Saudi oil fields - getting a little to close for comfort. One stray rocket over the Saudi fields and oil will be back to $100.
Jim Cramer didn't help either, but today saner heads are back - the secondary gives SXL a lot of money to repay debt and keep our payout going. . .I have been through secondary offerings on most of my stocks, and usually withing a few months, the price is back to where is started.