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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (3751)1/19/2016 10:55:07 AM
From: Kirk ©  Respond to of 26788
 
Crazy.... that is below the cost of the crude. Why would anyone sell below cost unless they have a penalty to pay for gasoline they have scheduled to deliver with a higher penalty to turn away?

FNSR is trying to bottom after maybe 5 year bear market. Oil prices are down near 2009 lows.... and the bears say we're STARTING to enter a bear market..... what if we are about to take off after consolidating on an inflation adjusted basis since the 2000 top?