Oil down to $126 - not a biggie.
Remember, Tui was given the green light based on US $40.
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Oil down to $126 - not a biggie.
Remember, Tui was given the green light based on US $40.
Your only saying what 30 other smart as*ses have said before (and been wrong aswell)
Give some justification of why you think the price is overvalued, because there is plenty of posts arguing the opposing side of the arguement.
I dont hold this stock, but i like to see intelligent discussion which i can use to form an outline for my research on stocks.
I also enjoy reading the negative posts on companies in the hot seat like this one, but not ones set out to aggrevate readers.
Try be a little less aggressive and a little more constructive in your comments, although my guess is your not here to be constructive. Your just here to fling your monkey poo
Rsole - shouldn't you be posting on an alternate energy forum since you have only emitted gas so far. Can you please tell me WHY you think this stock is overvalued? If it is due to oil falling by say 50% to around US$60 - what will make oil fall that far? Will cars be banned? Are you secretly aware of a new hydrogen type power that will revolutionise life in the 21st century. I would love to know what it is. Please keep on posting because I love the harmony between your name & what flows after.
Get ready for everything in the garden is lovely. Price of oil will stay down for the next few weeks, and the markets will rise. The olympics must be seen to be a success, China must save face at what ever the cost. Its after that when they pull the financial legs and wings off that Yanky aggressive pest, that the trouble really starts. The price of oil will hit $200 in less than twelve months, crashing the world markets. NZO might have money sitting in the bank, but what will that money be worth. I took my money to Australia at 90c it is sitting on a 13% gain in 20 months. Not bad interest for changing countries. Anyone thinking long term is in for a rude shock, when the markets crash. The signs are well posted just like they were in 1987 with the only difference this one will be bigger and longer.
Macdunk
Macd - "Markets" will likely crash at 200 poo - that does not mean that the oil sector will crash though - just the other sectors - the oil sector will probably show 100% gains unless other forms of energy are immediately available. A worse outcome for the oil sector would be poo of $50 - then the oil sector would crash & "markets" rally hugely
Why all the negative sentiment with Momoho not coming in. It cost $50 million for the rig. NZOs portion of that was $8 000 000. So Momoho is capped but it only lost NZO 8 days of income. At these levels, Im definitely buying more.