Sure, if oil was 40 a barrel I would not even look at this. But here are the facts. They are predicting for the oil to reach $100 a barrel by early next year.
You can talk about it how you lost money on this one all you want. But the fact is you got the timing wrong. These guys are trying to double up the production when oil prices are going higher.
Trust me if you want to be in any oil boom you have to invest now.
Producers in general will be the biggest winners.
FPL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
