Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (872)	11/8/1996 6:22:00 PM
From: SofaSpud	of 24925

Kerm / Inventories Poor guy -- the only thing worse than having to forecast is having someone write down your forecast and refer back to it later. Been there. If I recall, wasn't the overwhelming consensus that prices would fall later in the year? Maybe companies simply believed that rebuilding inventories at "artificially" high prices didn't make sense when Iraqi oil was sure to drive the price down. One thing's for sure -- if this winter is anything like the last one, prices have to stay high for a while longer. Bit of a selloff in some of our favourites -- Genesis, Barrington. ls it just people adjusting their tax positions ahead of year end, or did I miss something? Talk to you Tuesday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next