Recent

% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

otcguru2005 2 posts  |  Last Activity: May 6, 2015 11:47 AM Member since: Feb 21, 2005
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • oil supply dropped 'unexpectedly'?

    http://www.marketwatch.com/story/crude-rallies-again-with-price-of-wti-atop-61-2015-05-06?siteid=bigcharts&dist=bigcharts

    well, it was obvious, oil companies already cut their capex on last year. It's too late to revamp their capex - this is perfect setting for US as oil exporter now.

  • Wonder why oil is at $60 when some people speculated that it would be $25? Personally, I think oil price has been depressed by some political reason. Since people stop paying attention on it, oil price will rise from here to $80 range.

    Oil is no longer a resource, it's an investment like gold. Equity is at the peak and when it start falling, you will see oil jumping making people to wonder.

    Sentiment: Strong Buy

BBT
40.34-0.02(-0.05%)Jul 7 4:02 PMEDT