I've been following you for quite some time 1ronnie, and I...

  1. 263 Posts.
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    I've been following you for quite some time 1ronnie, and I respect your opinion, hence why I'm here.

    Sure, you might not have made money on energy stocks before, but how often do you get supply shocks like this? Once in a blue moon I feel. I'm predicting it will continue as companies like BHP transition out of fossil fuels, whilst fossil fuel demand is predicted to increase for the next 20 years.

    Don't take my word for it, have a look at these charts from the IEA.

    https://hotcopper.com.au/data/attachments/3553/3553117-40b40f3c7ac06c746d26a758f4c387a3.jpg

    https://hotcopper.com.au/data/attachments/3553/3553120-9cdcbad8e76cd22281ce42874a335485.jpg

    But sure, if you want to keep speculating on small gap growth stocks, that don't make any money, in the biggest stock-market bubble we've ever seen, knock yourself out. I'd rather stick to fundamentals.

 
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