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Realty Income Corporation Message Board

rhumphre2003 2 posts  |  Last Activity: Oct 22, 2014 12:20 PM Member since: Feb 16, 2010
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  • Reply to

    oil sell off has nothing to do w/ supply

    by blueiz1020 Oct 15, 2014 4:29 PM
    rhumphre2003 rhumphre2003 Oct 22, 2014 12:20 PM Flag

    Until OPEC get's their act together, IMHO we will all be suffering a " glut " in oil.

    My source with BNSF tells me their are between two and three trains every day hauling THREE MILES LONG of oil tankers through the rail yard DAILY. This has been going on for over 3 months now from Canada and all of it is heading to the Houston, TX area for processing.

    That is a BOATLOAD of oil with each train load and not to mention all of the by-products being produced by Canada every day as well.

    It may be shaping up to be a long and cold winter for oil stocks this year unless we get some major developments out of OPEC soon.


  • rhumphre2003 by rhumphre2003 Oct 8, 2014 11:23 AM Flag

    Now let's see......this should also raise the question that since Ronny Halperin was CEO of LYJN during all of this SCAMMING OF THE SHAREHOLDERS episodes if the SEC will be seeing the correlation of Ronny and his PAST in all of this...........birds of a feather ALWAYS flock together!!!


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