opec cuts?

I cant believe how incredibly stupid some traders can be. Do people who are investing and buying longs on oil companies actually believe that any kind of small rallies in oil is gonna wipe away the massive debts that some if not many of these oil companies have? Jesus fuckin christ! think. the price of oil has to reach at least 60$ for a large number of these companies to survive and yet even with a dollar rall yin oil people are clamoring to go long on some of these oil companies. like tom the oil prices wont come down? This is o fuckin annoying!!! Im trying to get e3xcerise my option and every freakin time it get downs, oil rallies a little bit and the stock price goes through the goddam roof!

 

So you're saying you would be making more money if traders weren't so stupid?

 

If they knew what I know, they wouldn't be buying when I am selling

 

yes if traders would just understnad a little better than entirety of the picture.

 

For anyone to think that oil is rebounding and will hit 60s or 50s is insane given the conditions of whats going on globally