I dont believe in the 'end of the world' oil crash.
Demand for oil will go down once prices at the gas station goes up. It is evidnet now. People are driving less than they were 1 year ago. Nobody is buying SUVs/trucks. Everybody wants a fuel economic car. The waiting period here for a new toyota prius is 6 months! second hand prius's are being sold for more than new prius's. Airlines have cut flights because they cant fill planes. Demand is slowing......
anyhow this sort of talk serves better on another board.
Anyhow, INP makes up half of my portfolio. I have a $2.20 price target based on flax reserves alone (not including future exploration). I am not selling below that mark.
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