That is NOT a sure fire assumption. It can go to hell in a hurry when you least expect it. I've been trading a long time and I'm way behind. If I'd have shorted everything I bought and bought everything I shorted I'd be a millionaire.
It takes a while to clear out the nonsense we were told as a kid. There's no Santa Claus, Easter Bunny, no tooth fairy and no god. It's dangerous nonsense that is nothing but brain pollution.
If there is a God ruling the universe, he(or She) is doing a lousy job of it. Wars, disease, hatred and etc. etc. goes on and on and on. Get Real!
I'm 75 years old and have gone to church most of my life and have always been a doubter that there is any supreme power of the universe and I've read the bible and attended many classes and the more I learn the more I know it's just ancient history written by people that thought the world was flat and that the sun went around the earth. It's the source of all the worlds bigotry, racism and sexism. Looking backwards all the time is a good way to ignore the future and the NOW.
Your point is well taken, but I contend that all religion is stupid and dangerous. When you are a child you can have imaginary friends but when you grow up you are supposed to put aside childish beliefs and become real and stop believing in imaginary friends. Religion keeps people looking to the past for their guidance instead of fixing the now and the future! Why do we care what people thought 2,000-8000 years ago. Today's 4th graders know more about the world and the universe than their scholars did.
Why store crude it if it's going to be cheaper in the future? Somebody thinks it's going to be worth more later or they wouldn't be storing it. When the storage is full. companies will stop pumping and the price will go up because of shortages, then the stored oil will be released and sold at a higher price.
Why store oil it if it's going to be cheaper in the future? Somebody thinks it's going to be worth more later or they wouldn't be storing it. Farmers store grain and wait for the price to rise. Oil companies are doing the same thing.
Why store it if it's going to be cheaper in the future? Somebody thinks it's going to be worth more later or they wouldn't be storing it.
When the shorts buy to cover the stock will snap up. One bit of good news and the stock will go up in a hurry even though it may be short lived.
you can't short a stock under $5.00. Who are you talking about?
We all know the price of gasoline and oil will raise again, we just don't know how soon. Shortages can be contrived in a lot of ways. Right now the gasoline price is rising and there's still a glut of oil on the market. The big oil companies are nearly a monopoly and all they have to do is cooperate with each other and hold us hostage at the pump.