Brent crude dropped to a 16-month low under $99 per barrel Posted by optimuss at Sep 10, 2014 10:18 PM | Report Abuse on Wednesday, stretching its losses into a fifth session amid continued worries about rising supplies and weak global demand.
36 comment(s). Last comment by optimusprime at Sep 11, 2014 07:17 PM
sep 10 2014, i have said oil will drop to usd60, when it was hovering at usd100.
who would have believed that? who would want to believe i shorted oil and make millions? oil drop to below usd60 before it stabilized at usd60 for months.
u r not the only one giving out views about oil price by end 2014. There are so many noises around. Who should I listen to ? If I say that I am smart enough to listen to u alone and shut everyone out, I must be a sinkalan
if u can find me a report from i3 or investlah or any stock forum in malaysia that says oil will enter downtrend and reach 60 prior to the date i publish. i would be amazed.
In August & September I warned about Shale Oil Danger.
Now Shale Oil Cowboys are also in danger themselves as Crude Oil has Fallen Below Their Production Cost.
The High Cost of Overheads & Home Rental in North Dakota. The Long Distance for bringing in sundry goods & the spirally costs have been a big drain on these Shale Oil Cowboys. Many have borrowed up to their nose for Shale Oil Exploration. Now many are staring into insolvency & bankruptcy!
When Shale Oil Closed Shop! Expect Crude Oil to Rebound!
Good for Petronas!' Good for Pantech! GOOOOOOOD NIGHT!!!
Pantech stagnant for sometimes even in downtrend market. Strong position in this level and it's actually good time to accumulate as impact of rapid will be seen on Pantech will be seen in very near future. Good luck and happy investing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
icon8888
18,659 posts
Posted by icon8888 > 2015-06-15 20:24 | Report Abuse
Refer my latest thread "careplus laugh die me"