SXY 0.00% $4.60 senex energy limited

Ann: March 2014 Quarterly Report , page-15

  1. 283 Posts.
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    Guys let's get real here. It always amuses me how positive and full of crap people can be on here.

    The oil business is good but it's fully valued in the 70/80pc range. The future is the gas. It's expensive and will be a long time. Let's cut the crap talking about a share price north of $1 for a very long time. The traders and the shorter sand bots have this stock by the balls and will keep it in its range.

    They will struggle to get 450k barrels this quarter. 1.4m is not happening.

    The gas price will not double and the WCL price confirms this (assumed price 8-9).the price will only be high for 2-3 yrs at most. High prices will remain but not double. Higher prices have already been factored into the cost also, it has for most energy city's on eastern seaboard.

    I value reading people's comments on here but not when it is just positive positive positive with people just trying to talk it up when it doesn't deserve it.

    I fear that 62c by the weeks end is very realistic and even lower when they own up that the oil range is a fail.
 
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