Oil macro analysis, page-85

We read the latest investor presentation and everything looks rosy. 35 interested parties and not one wants a BTA after 3 weeks following a major milestone. Makes you wonder the quality of the information on the paper it is written.

Are shareholders being taken for a ride in a black hole or is there a bright side?

Shorters having a heyday. Long term investors don't feel the need to halt the carnage and many weak hands. Lack of confidence in my opinion.