CVN 0.00% 16.5¢ carnarvon energy limited

short selling, page-6

  1. 13,980 Posts.
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    Stevero,

    It's only my opinion but OPEC has so much spare capacity atm, and inventories are pretty high, I really doubt the Iran situation will be a major driver of the poo. Furthermore I don't believe it is in anyones interests to see tensions escalate to the level that would impact on oil supply.

    Having chosen CVN as one of the least sensitive (decent) oil stocks to the unknowable poo, I am going to focus on production, exploration and new projects matters.

    But hey the poo will impact the sp - I just cease to pretend it is knowable, to me at least.

    EL
 
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