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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme
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To: Kincheloe who wrote (3902)6/10/1998 5:13:00 PM
From: Andeveron  Read Replies (1) of 8798
 
The gasoline glut will last for another couple of quarters. There is simply too much production and supply right now, even though major producers tried to limit their levels of output in the past week. I wouldn't be surprised if prices trend even lower in the next couple of weeks. I'd short oil stocks but they've already come down so much, there's not much room for error.
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