FDM
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0.00% 1.1¢ freedom oil and gas ltd

the year end is the time for inventories built. It'll affect oil...

  1. locshare11
    800 Posts.
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    14/11/15
    22:31
    Post #: 16397788
    the year end is the time for inventories built. It'll affect oil price but It's good for US shalers as they must pump more og out to supply US demands.

    Rig is upped 2 since the last 2 months declined. Contracts price must be lower to support the drilling for this cheap oil.

    I believe MAD is a hedge against negative sector. Just watch to believe.
    FDM Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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