Q: HI Team
I see that Auspice has warned investors about buying this unit, since it winds up may 22 and it is trading way above it's net asset value, trading about $5 and net asset value about $ 2.50, would not shorting the stock at this price be a good move. I understand it is a gamble, but as long as oil dosn't move up in a big way, it's a "sure bet"
Thanks
I see that Auspice has warned investors about buying this unit, since it winds up may 22 and it is trading way above it's net asset value, trading about $5 and net asset value about $ 2.50, would not shorting the stock at this price be a good move. I understand it is a gamble, but as long as oil dosn't move up in a big way, it's a "sure bet"
Thanks
Q: Is there a leverage play on Oil on the upside. What about HOU or CCX . Any others Oil is down a lot. What would be a good play Canada & USA ? RAK