Oh God.
How does one respond to that.
It would be like trying to get somebody out of a cult
After the brainwashing there isn't a lot left.
Listed companies are not in the business of putting out negative forcasts.
There always try to post a rosy picture.
Albermarle has reduced production ..put off projects
and stated that it expects the over supply to last 18 months.
They would be putting forward a best case scenario.
Yet somehow through this somebody can see the beginning of the end for oil.
Oh dear....goodbye money.
Cheers
GXY Price at posting:
87.5¢ Sentiment: Sell Disclosure: Not Held