nwe be excited . . .
Logic would suggest that the oil price futures would have a serious impact on the price of oil stocks such as BUY, OIL, NWE, OSH, DLS etc etc.
Logic would suggest.
However you could also get a "pump and dump" say for example it goes nuts today . . . then tonight in the US a leading advisory releases a paper that says "Oil will not go to 105" then tomorrow the US market falls and we're left for the weekend holding an expensive oil baby.
So - watch for a run on sells at about 2pm? Who knows.
Rock on and gargle
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held