Not only to collect as market makers can 'borrow' and sell shares with an indefinite? holding time, but also to force more outsiders out of the game haha..
Oil price rally too fast, sooner or later will drop back again, because it's not demand factor which course this rally, mostly is dollar depreciation and Saudi cut output.i don't think it can sustain.
For now oil price can be unstable due to the US political drama. If Biden secured the seat officially, then likely oil price will plunge. Hence the market makers are in the wait-and-see mode now until the US side settle down probably weeks or even months later.
Big boys not buying enough cheap tickets as yet.. don’t worry, hibiscus is worth more than 0.60 cents and beyond with current oil price of 54+ dollar per barrel... selling oil at such price, hibiscus is earning near 100% profits... what business now can get such profits in the midst of COVID-19?
Bro and sister, Hibiscus cost price per barrel is around 20-25 per barrel! Simple maths, You may count yourself, how wonderful profits for hibiscus! Remember we only earn if we buy low, and sell high! Be greedy when others are fearful at the right counter!
hmm..is it a loophole that Hibi allowed CRPS to convert its share eventhough they haven't get any asset yet.. would there be any cap on this conversion??? It will be a nightmare for existing shareholder to get 2b Value of CRPS converted into shares without any new assets..
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Posted by DickyMe > 2021-01-07 12:54 |
Post removed.Why?