TAP 0.00% 7.8¢ tap oil limited

Ann: Quarterly Report - March 2015, page-15

  1. 2,569 Posts.
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    The mentality of people that still see oil at & U.S $43 a barrel. There is a disconnect from when the price of oil rises over time, until the company's average moves higher over each quarter in direct movement of its commodity.

    So if you believe the company is now in a worse suituation than 2 months ago, then we would have to come to the conclusion that your belief of a C.R is that the management of TAP are not capable of handling the higher increase of revenue that will slowly increase each quarter, on the current Trend of the rising oil prices?

    Doomsday is on the increase on higher oil prices, go figure.

    DYOR

    P.S No wonder the hedge funds and experience traders laugh all the way to the bank! Please keep selling and let the rest enjoy the low prices for accumulation, because soon the dam will break to the upside.
 
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