Guys, this is the news we've been waiting/hoping for--at least I have.
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said “extreme” volatility and lack of liquidity mean the futures market is increasingly disconnected…
financialpost.com
Been waiting for the major players to say 'enough is enough' with the f*&^ing manipulation, shorting and fundamental price disconnect with oil and energy overall.
CDEV should be $10.50 a share pre merger--that's the concensus PT from myriad nvestment groups and as the pending largest pure Permian player probably $14-15+ post-merger. The merge reportedly creates a $7 billion conglomerate. That's serious quan, but remember we are living in clown world and the clowns
will do anything....