STO 1.18% $7.74 santos limited

Is that some sort of joke?Oil is almost 0, and may be negative...

  1. 3,781 Posts.
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    Is that some sort of joke?

    Oil is almost 0, and may be negative next week and you are predicting the mother of all rallies? Oil will be lucky to break out of its current -$20/$20 range within the next few months. It will then take months for the storage facilities to deplete as the traders who have stockpiled need to cash out quickly. At best oil will be $40 at christmas.
 
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