Latest Forum Topics /
Rex Intl
Last:0.072
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SIA revived
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sheerluck
Supreme |
02-Apr-2016 10:28
Yells: "Work for your money first then let your money work for you" |
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End of the day, self-interest and pride preveil.  SA said only freeze if all major join in.  Just one major play pang, the deal is off.  Also market already knows SA and Russia is already at max production level and cannot increase a lot more.  The propose freeze doesn' t cost these two more but do cost more for others.  These two wants all the pie and eat it.  There rest are not so stupid to fall into the trap, especially Iran which has been behind for years and desperately needs money to rebuild their economy. The two most possible outcomes are either deals off or Iran gets the deal where they can raise production before freezing.  But either way, supply still way over demand by that 1-2mil bpd. The only real impact is a cut.
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1oopls
Master |
02-Apr-2016 09:58
Yells: "I love my evil cute cute darling" |
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Yea, time to collect cheap |
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halleluyah
Supreme |
02-Apr-2016 09:49
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Saudi will only freeze oil production if IRAN n other producer do so. Tats make oil sink more than 4% last nite. I doubt IRAN will wt to freeze....guess dino will b abandoned coming Mon....   |
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papayaface
Supreme |
02-Apr-2016 07:56
Yells: "This is the best time to enter....when everythings uncertain" |
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If demand is high how come oil price drop? US rig count continue to fall and hit record low last month. .  Short oil price rise to over 40 was purely speculative and is coming back down to reality. Oil price will drop back to below 30 where there is equilibrium. All kena con by the BB. Same for the price of rex, it will come back to below 10. Just watch and see. Am not vested unlike you. Good luck  
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1oopls
Master |
01-Apr-2016 23:44
Yells: "I love my evil cute cute darling" |
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Buut Rex is oil exploration company, focus on demand for oil. Now Producers want to produce so much oil, sure got demand to find new oil sites. If oil get used up, even more twchnology required to find oil. So supply of oil is not factor here.. |
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papayaface
Supreme |
01-Apr-2016 23:39
Yells: "This is the best time to enter....when everythings uncertain" |
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How to go up? Crude kena dump again now way below 40.Looks like we can see 10 next week or even as early as on Monday. Good luck
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1oopls
Master |
01-Apr-2016 20:52
Yells: "I love my evil cute cute darling" |
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Maybe will up, Dont know. Noticed something in late afternoon |
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1oopls
Master |
01-Apr-2016 19:38
Yells: "I love my evil cute cute darling" |
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continue dump, like today   |
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Battle123
Elite |
01-Apr-2016 17:10
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Some think will down
Also got other think will up Let's see next week :) |
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chaoticleo
Member |
01-Apr-2016 16:33
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wow glad i sold all at 0.121... |
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halleluyah
Supreme |
01-Apr-2016 16:06
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Look gg liao...broke 0.12...
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risktaker
Supreme |
01-Apr-2016 15:54
Yells: "Posts are opinions. Do not take it as investment advise " |
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Just shorted :) 119 | ||
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redguard166
Member |
01-Apr-2016 14:35
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i think best to wait it out. today friday. next week then see how.  This is our hard earned money. Dont enter trades just because we are bored. Something i learnt very painfully |
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halleluyah
Supreme |
01-Apr-2016 13:50
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now brent drop 1.24% n crude drop 1.33%.......... |
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shareluck
Veteran |
01-Apr-2016 11:02
Yells: "buy share also need some luck to win " |
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trying to re-visit yesterday high of 0.128 go   go   go |
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1oopls
Master |
31-Mar-2016 20:27
Yells: "I love my evil cute cute darling" |
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The stupidest counter alive. Beware of dump and dump |
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shareluck
Veteran |
31-Mar-2016 17:56
Yells: "buy share also need some luck to win " |
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heng Ah ! Ezra' s announcement is not a bad one |
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risktaker
Supreme |
31-Mar-2016 17:42
Yells: "Posts are opinions. Do not take it as investment advise " |
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Think rex will start it decline soon... looks like pump and dump
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ruready
Supreme |
31-Mar-2016 16:58
Yells: "Follow the micro penny , May be this is the last train" |
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I think Erza bad news going to announce soon that why bbbb push all the ways and contributed and collapse , better avoid oil relate counter , let two oil counter settle the dust first | ||
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vivacious
Supreme |
31-Mar-2016 16:10
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will jeep below 0.12 |
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