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Only reasons i'm still in is because
- I think this company is undervalued.
- I want to see shorts burn.
- I want to be rich.
I think 3 reasons are good enough.
Love it Slift. Good luck. True oil will/may fluctuate and that is out of our hands, but long term at this price it is a steal.
GLA.
The problem is the whole global oil position is unpredictable. Just look at the crazy fluctuations from the start of the week to now.
I suspect shorters have been caught out by this and will regret it. True this may come down, but short term I still see a rise in this.
If PMO win the appeal, assume ARCM will have to close their 16.6% short?