The whole sector has imploded.
Companies in V/A, companies raising capital, companies shutting down production. Its nothing short of total capitulation.
longs are turning on each other, crossing threads and getting in arguments. Its really sad to see to be honest. The dirty dog bankers and their paid scum posters have spread no end of rubbish and manipulated the prices into the ground. This is blood on the streets if ever I have seen it.
Now Hot Copper chime in with a timely "news" article.... Give me a spell. Lots of shorts to cover, they need help....
Electric Vehicles are done. Musk is waisting his time. Oil will thrive as we all breath clean air.
Two major catalysts approach IMO. The fires in Brazil and the Cat 5 Hurricane Dorain.
The whole sector has imploded.Companies in V/A, companies...
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