F**k your buyback Exxon! You're going lower in 2009....much lower :-)
Still neutral position: 50% cash, 25% long (AKNS, GFA, GU) and 25% short (SRS, DUG, sold out of FAZ).
Friday, January 9, 2009
Grabbing some DUG....
This is not a play on oil continuing to go lower, but rather crude staying below $60, which will screw the integrated/drilling companies.
F**k your buyback Exxon! You're going lower in 2009....much lower :-)
Still neutral position: 50% cash, 25% long (AKNS, GFA, GU) and 25% short (SRS, DUG, sold out of FAZ).
F**k your buyback Exxon! You're going lower in 2009....much lower :-)
Still neutral position: 50% cash, 25% long (AKNS, GFA, GU) and 25% short (SRS, DUG, sold out of FAZ).
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