Bulls bet on more gains in Medivation

Wall St's continued greed and avarice has manipulated oil up to $100 a barrel. This is an enormous threat to the world’s economy! If you don't know it; listen up! Oil refineries all over the world are shutting down! Refineries in Hawaii, St Croix, Houston, Philly, Delaware, other places in the US, and Europe are shutting down! They’re shutting down for three reasons (1) The price of oil is too high. A refiner’s margins are so small at these high prices, not only can they not make money, most refineries have lost money. (Thanks speculators on Wall St!) (2) There is a glut of oil and distillates and no place left to store it. It’s been this way for a while (3 years). Some refineries are turning into oil storage facilities. They can make more money from renting tanks to banks and hedge funds than they can make by producing product. (3) Due to the European oil embargo on Iran, Iran is selling oil at a heavily discounted rate to Asian refineries who will sell refined products to us cheaper than American refineries. Bottom line; WE ARE SO SCREWED!!! If we aren’t drawn in to a war with Iran that affects the Strait of Hormuz , the bottleneck that much of the worlds oil has to pass through, then we’ll be affected by the refineries shutting down. Eventually, as our economies improve there will be terrible shortages of product. It takes time for refineries to come back on line. Expect shortages to skyrocket oil and distillates to the sky. Repeal the Commodities Modernization Act of 2000 and the Financial Modernization Act of 1999 and get speculators out of the Commodities markets!!!