SEA 0.00% 16.5¢ sundance energy australia limited

Barrel Costs, page-41

  1. 8,357 Posts.
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    the wti price is under $85, its in a bear market now,, and shale producers share prices are freefalling in the usa,, there is an abundance of shale oilers putting their hands up and selling..

    its a hard share to want to get into as much as i like eric and his abilities,, things are sometimes bigger than you.. until wti stops its dive its really high risk territory..

    right now i would say the correct sentiment would be sell, in the low $80's shale producers in the usa start shutting in oil fields



    Last edited by agentm: 10/10/14
 
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