torsdag 1 april 2010

STP.V

Again with yesterdays close at well over 5 mill shares traded volumes certainly has increased last couple of days and in fact weeks.

Nice that we cosed at the important 1.2 level. It's not entierly impossible we'll get somewhat of an uptick once we crushed that wall.

With numers like these below STP will soon have made a complete pay back of the Senlac aquisition. Then you have to agree with Mr Rubins - howe come nobody today get's alarmed over $80 oil in the midst of a recession when just a couple of years $70 oil was said to be the end of the world in the midst of a prosperous economy?

By the fourth quarter of this year, oil prices will be back in triple-digit range, and by next year oil prices will rise to record highs, taking out the high-water mark of $147 per barrel set back before the recession began in 2008.
http://www.theglobeandmail.com/report-on-business/commentary/jeff-rubins-smaller-world/expect-a-new-peak-for-oil-next-year/article1517154/

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