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Thread: Oil?

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    Platinum Member pmbguy's Avatar
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    Oil?

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

    (Please don’t 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. – Charles Darwin

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    Bronze Member Brett Nortje's Avatar
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    Quote Originally Posted by pmbguy View Post
    Should we not be investing in oil right now... you know, buy low sell high?

    (Please don’t 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 !!

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    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 ?

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    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

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    Platinum Member pmbguy's Avatar
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    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. – Charles Darwin

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    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.

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    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!

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    Bronze Member Brett Nortje's Avatar
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    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 !!

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    Site Caretaker Dave A's Avatar
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    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.

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    Gold Member Mark Atkinson's Avatar
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    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.

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