Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I don't know what it is about oil that seems to bring out the worst in people but it is certainly the case that this sector is home to the most abusive and vituperative comments on the various financial bulletin boards.
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Comments
GrannySnuff
Can you update us on your Hurricane short too. How is that going ?
Paul Curtis
Agreed, I’m heavily into the bonds at 40 cents. Suspect your short will do well but I’m told data room overflowing with all the majors. GKP cheap IF Kurdistan starts paying. So binary bet on this? Kurdistan has to start pay western oil companies or vicious circle as oil production declines when needs to increase.
http://www.thesundaytimes.co.uk/sto/business/Finance/article1528181.ece