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Pascal
02-12-2013, 03:15 PM
IMO (oil sands,) has also a failing bounce.

High oil prices do not help these oil producers. This means that either oil prices are too high or these companies have a margin collapse (costs are increasing quicker than sales price.).

I bet for margins being poor and if oil turns down, then oil sands will be in a blood bath.

Anyway, this is a prime short target.



Pascal

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