I meant used car sales men, but I am sure you agree!
When a stock is up these losers all love it and when is down they all bash it!
It's so obvious that GS is short the oil stocks. They will cover soon when they realize their BS is not making any sense and then they will start hyping oil stocks. How typical!
By the way if you are still short oil and lurking around this board, you must be really nervous!
You know oil is the only commodity that whole world needs for centuries to come.
I don't know if the inventory numbers are due to import of oil from other countries and represent a valid number!
It seems that the only sector left for the sharks to milk is the oil sector. I am planning to hold my shares for two years but I am sure the price will be much higher in the second half of 2016 when all the production cuts will catch up with the demand. There is also a big possibility that Saudis cut production as they see their strategy to get rid of competition maybe useless.
Companies like XOM, TOT and CVX are going to survive Saudis idiotic action.
Boeing Co. said it expects that China’s cooling economy won’t dent its demand for jetliners despite concerns from some analysts about the medium-term outlook there for the aerospace giant and rival Airbus Group SE.
Sentiment: Strong Buy