Anybody who think these smaller companies will survive is a nut. This fake rally in crude has given a temp. life to these companies. But glut is growing. Manipulators can't keep this rally up for too long
got sucked in
Production is increasing, glut is increasing. Crude will see 20s this year again. Market manipulators were manipulating crude to help banks out of their investments. it is over. Oil producers are actually heavily short in crude options.
Will be more than 20%. Crude will see 20s this year. This fools' rally is based on no fundamentals. Manipulators using temporary events and disregarding growing glut. Production is going up everywhere and now shale producers are back, adding 100k bbl every day more this month than last month.
While big boys continue to dump them
Fools jumped in. Glut is growing, TDW will be under 1 this year
before all come crumbling down