"Oil and gas down 3.8% and 5.0% respectively overnight." Trouble...

"Oil and gas down 3.8% and 5.0% respectively overnight."

Trouble is, the market already knows that the minute the stock opens for trade today (aka, the rear view mirror perspective), so there's zero value in that information insofar as it relates to a fresh investment decision in WOR.

To be shorting WOR (as you have been doing all along) requires one having a firm view on where the oil price is heading over subsequent weeks or months.

But, given the vast array of imponderable and indeterminate factors that drive commodity prices, how can one possibly develop such a view with any degree of conviction?

There are a multitude of highly -qualified and experienced economists working for high-profile financial and government institutions, and backed by significant supporting staff, databases, infrastructure, and relevant literature... and none of them can forecast commodity prices with any degree of accuracy on a sustainable basis.

So what do you believe is your competitive advantage that makes you believe you can do so?