I read that last month and laughed. How much cdev does ARCC. have in their portfolio?For those interested, Ark Invest's opinion on oil prices going forward.
Fast forward to about 21:00 for oil specifically.
I think there has been some profit taking the past week to account for the lag. . could be wrong.Crude is knocking on the door of $72 this morning!
I know there's been some positive reaction in the O&G stocks the last week or two, but I really thought we'd see more. Guess I just need to be a little more patient.
On a side note I bought more AXAS 2 days ago on the dip, possible long term return looks to tempting not to.
$$$ issues and it's stuck in heavy price congestion. I suspect every time it moves up a little people sell off to get out. Same with GTE. Sellers need to be exhausted and both will have to move up quite a bit in price to break free from the congestion to move on and up.