Yeah I converse with real people in the energy industry vs being anonymous on a message board. I have two business partners where we have a lot of capital joined together. I couldn't have an outside relationship if I wanted to. But like I said, I'm not looking for one.
If "we all know" all these things, doesn't it strike you that the information might be discounted as it's already reflected in stock price expectations?
And just like that the Dow has gained back 1/2 its losses by the close.... Again not a single 1% drop in months....came close today but as usual buyers came in after believing that a .87% dip is a buying opportunity..... Ha-ha Funny how quickly this market is bought up as if there will never ever be a bear market or another crisis.
Dow falling further from 20k Good thing is today I'm hearing we are going to have lower drug prices, that should be a total win win situation for consumers, but not so much for the drug makers even though they make huge amounts of profits on their drug lines....so instead of making a mark up of 8900% for drug XYZ they will now only make 3400%