AsI've said a 100x.... I don't don't see a big even bigish...

AsI've said a 100x.... I don't don't see a big even bigish revival in capex eventuating. Most of the evidence points to the decrease since 3 yrs ago continuing. Ask yrself: what will spark a huge rise in capex? Trump? maybe but I'm not convinced.

Plus I don't reckon the recovery seen in most energy and commodity prices over past 13 months is sustainable. We have overproduction in many cases esp IO and LNG. I have fears for STO but don't hold a position.

@DSD

Such conviction is always nice to see.

However, there is just something very confusing about your actions, compared to your apparent level of conviction:

As you yourself said, you've posted a 100x about how fraught and perilous WOR's world is, and, indeed, you spent more than six months in the market aggressively shorting the stock as the price rises.

Then, suddenly, one day you wake up and you cover all your high-conviction short positions, which you had built up over many months (and even though you found WOR's latest profit result was worse than even you had expected).

You covered all your long-held, high conviction shorts at a price of $10.36 (you claim).

And now you resume shorting at a price that is lower than the price at which you, a mere 48 hours earlier, covered your massive short position, one that you held for many months.

It is most extraordinary.

I'm sure you will forgive the confusion in terms of what you are actually trying to accomplish.