Johhny cut your wrists and v -gina and tell us how it feels
MAny of the mlp's although clobbered are still pumping because of that exact reason hedges. For example MEMP is fully hedged at 90% for 3 years, ARP hedged at 75% for 2+- so oil will still keep coming. Many also have covenants in the debt to force pumping to pay interest so we will not see a total shutdown in US shale. The other thing is that many of the older frackked shale wells will still keep pumping for years and years once they reach their decline rate form say 1000 barrels to maybe 175 that is still a lot of oil coming up.
Who blinks first?? I believe it will be the Saudis but not until they see more damage to US shale and that will take 1 more year.
Jphnny quick slit your wrists and let us know when you are dead.
Kinda thinking you are one of the most ignorant person in the world.
I also believe you are very hateful and probably had no friends growing up, was bullied, was the last to be picked full of pimples and girls laughed in your face. Stop me if I am wrong. So its time to put your pimply scraggly id on ignore.
What company do you mean when you say 4 vessels, FRO or NAP. I read NAP's statement as stating the avg of future rates not current contracted rates.
everything is great until you get punched in the face.
Guess you have been brutalized then.
Your total understanding of RAVE, Texas, business and life is amazing.
How old are you and did you graduate high school?
I own 1500 shares now with an almost 0 cost after I sold 1/2 yesterday, if I listened to you I would be down 65% do not write any investment letters you will be sued and go broke.
I just made over 40% in two weeks while you are scrubbing for nickles to pay your short positions, thanks for posting more #$%$ kep up the good work.
Woohoo a fast and I mean fast 40% gain...
Still holding 1500 shares
Sorry but if he did it then 750 years is a fair penalty.
Barbara look at his history he is the worse type of poster he is an arzzzzzz-hole