OilyGasMiner

OPEC to Cut Production at Friday Meeting, but Will Prices React?

Kathy if OPEC's actions is not collusion, I don't know what is. What happened to "free market forces"? Prices will sharply rise relatively to the current levels next week. As their meetings are always in favour of the cartels and NEVER for the retailer. Why would they care? They only want to fatten their pockets. My question is: how do we get back at them?

Canada's Petro Canad reported increase in profits by 61% and the stock has only moved 5%. There are MANY plays like this out there. And to STICK IT to these colluders, I propose taking advantage of the mass undervaluation in the market. But, a word of wisdom. 1) be slow to act, as actions will have lengthy repercussions. 2) conduct proper due diligence ( don't be afraid to call an analyst, or share your ideas with a friend. 3) don't lose money.