Page 1 of 2 12 LastLast
Results 1 to 10 of 14

Thread: Oil?

  1. #1
    Platinum Member pmbguy's Avatar
    Join Date
    Apr 2013
    Location
    PMB
    Posts
    2,094
    Thanks
    310
    Thanked 254 Times in 230 Posts

    Oil?

    Should we not be investing in oil right now... you know, buy low sell high?

    (Please donít use big words because it confuses my small and primitive brain)
    It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. Ė Charles Darwin

  2. #2
    Bronze Member Brett Nortje's Avatar
    Join Date
    Jan 2015
    Location
    Cape Town
    Posts
    132
    Thanks
    28
    Thanked 1 Time in 1 Post
    Quote Originally Posted by pmbguy View Post
    Should we not be investing in oil right now... you know, buy low sell high?

    (Please donít use big words because it confuses my small and primitive brain)
    If i am correct, oil is worthless now as they can manufacture oil with my formulas.
    !! Going to my destruction !!

  3. #3
    Diamond Member HR Solutions's Avatar
    Join Date
    Mar 2013
    Location
    Capetown/Jhb
    Posts
    3,329
    Thanks
    113
    Thanked 214 Times in 202 Posts
    Quote Originally Posted by Brett Nortje View Post
    If i am correct, oil is worthless now as they can manufacture oil with my formulas.

    Wow I am in awe of you. Such knowledge ........... Wonder why they are not using your "formula" ? Ummm let me think ...... Perhaps because you are not so clever ?
    HR Solutions - Recruitment Specialists - Johannesburg & Capetown Tel: 0861-045-263
    Upload your CV @ www.2hrs.co.za

    Biometric Fingerprint Criminal Checks (AFIS)

  4. #4
    Silver Member
    Join Date
    May 2010
    Location
    durban
    Posts
    413
    Thanks
    121
    Thanked 61 Times in 52 Posts

    Red face

    Quote Originally Posted by Brett Nortje View Post
    If i am correct, oil is worthless now as they can manufacture oil with my formulas.
    Sorry man, Pmb Guy was referring to Brent Crude, not Brett scalp moisturizing oil. Your formulas solution is

    If you were in fact referring to Brent Crude, then , please feel free to pen your formulas

  5. #5
    Platinum Member pmbguy's Avatar
    Join Date
    Apr 2013
    Location
    PMB
    Posts
    2,094
    Thanks
    310
    Thanked 254 Times in 230 Posts
    Thanks Tec0, I mean Brett
    It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. Ė Charles Darwin

  6. #6
    Diamond Member adrianh's Avatar
    Join Date
    Mar 2010
    Location
    Cape Town
    Posts
    5,089
    Thanks
    336
    Thanked 808 Times in 642 Posts
    Quote Originally Posted by Brett Nortje View Post
    If i am correct, oil is worthless now as they can manufacture oil with my formulas.
    Cool, tell us more about your formulas. I am very interested to hear how you plan to replace that stinky oil refinery next to Blaawberg.
    How easily someone is offended is directly proportional to how stupid they are.
    ~GS Elevator

  7. #7
    Diamond Member adrianh's Avatar
    Join Date
    Mar 2010
    Location
    Cape Town
    Posts
    5,089
    Thanks
    336
    Thanked 808 Times in 642 Posts
    Quote Originally Posted by HR Solutions View Post
    Wow I am in awe of you. Such knowledge ........... Wonder why they are not using your "formula" ? Ummm let me think ...... Perhaps because you are not so clever ?
    It's the same formula that turns water into wine....all it takes is having the right invisible friend!
    How easily someone is offended is directly proportional to how stupid they are.
    ~GS Elevator

  8. #8
    Bronze Member Brett Nortje's Avatar
    Join Date
    Jan 2015
    Location
    Cape Town
    Posts
    132
    Thanks
    28
    Thanked 1 Time in 1 Post
    Quote Originally Posted by adrianh View Post
    Cool, tell us more about your formulas. I am very interested to hear how you plan to replace that stinky oil refinery next to Blaawberg.
    Well, electron orbitals dictate how dense and heavy things are, and their chemical formula. by adding these to any liquid, we can make it into oil or anything 'heavier' and by removing orbitals we can make it into at best helium and hydrogen.
    !! Going to my destruction !!

  9. #9
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,979
    Thanks
    3,055
    Thanked 2,462 Times in 2,067 Posts
    Blog Entries
    12
    Quote Originally Posted by pmbguy View Post
    Should we not be investing in oil right now... you know, buy low sell high?
    As always - what is your timeframe?
    Predictions are that crude oil prices will remain depressed for much of the year, so don't expect a bounce-back next week or next month.
    The trouble with opportunity is it normally comes dressed up as work.

  10. #10
    Gold Member Mark Atkinson's Avatar
    Join Date
    Jul 2010
    Location
    Durban, South Africa
    Posts
    796
    Thanks
    212
    Thanked 150 Times in 117 Posts
    Blog Entries
    12
    Well I bought some Sasol shares about 6 months ago with the intention of holding long term. They picked up around 5% and then the whole OPEC debacle struck. So I'm currently harbouring a loss of around 40%. This has happened before though, and I intend to buy more if the share price drops below a certain point. (R350) This will reduce my average cost and I'm certain both the oil price and Sasol's share price will show a full recovery (plus some) as has been shown in the past. It may take 3-5 years, but I expect it to happen.
    "The way to gain a good reputation, is to endeavor to be what you desire to appear." - Socrates
    Mark My Words - Arbitrary thoughts on ordinary things

    LinkedIn | Twitter

    Bafokke Shirts - South Africa's No. 1 Fan Shirt!

Page 1 of 2 12 LastLast

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •