$CPE Bloomberg literally keeps posting the same hit piece every day on every hour. "OIL set for worst week since march blah blah blah" Its obvious to everyone, they did the same thing last summer and look how that turned out. The truth is some not so smart hedge funds made a bad bet against OIL last year, got steamrolled and continued digging themselves deeper year round while longs were making bank. Ive never been more Bullish on OIL than I am this year, its not going anywhere and this is a last ditch attemp to shake the tree. Its pathetic how desperate these guys have become and if anything should be a huge buy signal. $LPI $CDEV $SM
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