Member Info for dandelion1

Also did add on the dip, and personally have no doubt that my investment here will be very very rewarding overtime, absolutely no-brainer for me at these crazy prices.

StanleyUK, It's the AGM sentiment and of course any potential leaks that count here, particularly on such extremely low SP valuations.

@Tyson, You are always forgiven. Now to your question, simply because I would be if I was a HUR short today and going into Monday post a 5% rise in Brent just over the weekend, and with HUR SP currently significantly undervalued going into the AGM next week, we are clearly at or near the bottom for HUR as almost every pessimistic situation has now been well priced in here and therefore, I can only conclude that massive upsides lie ahead from here on, all IMOO, and please certainly DYOR.

The Shorts seem extremely nervous going into Monday, and AGM week, they certainly should be IMHO; HUR is super undervalued at the moment, this wont last for long, time will only tell.

Certainly some momentum here, let's see what happens in coming weeks.

Personally anticipating enormous upsides ahead here going forward, GKP SP is simply way undervalued at present.

On "Falling Rig Count and Demand Normalization", and interestingly stating that “If production were to average 80.5 mm b/d, then global inventories would go from ‘full’ to 15-year low levels in only two months.” Lack of investment in the O&G industry is now becoming very evident.

Interesting reading:

http://blog.gorozen.com/blog/falling-rig-count-and-demand-normalization

Likely reason for the late drop yesterday, now with Oil up more than 5%, we should see some good gains here on Monday and hopefully long thereafter.

And Oil up around 5% at the US close today, Monday should be a good day here, fingers crossed.

Long road to recovery.