Results 1 to 6 of 6

Thread: Cramer sees oil stocks in the ‘death knell phase,’ says they are the new tobacco

  1. #1

    Cramer sees oil stocks in the ‘death knell phase,’ says they are the new tobacco


  2. #2
    The wild women, the wild women. The rippin' and the tearin', the rippin' and the tearin'.

  3. #3
    https://www.forbes.com/sites/arielco...still-guarded/

    All that oil under the sand might stay under the sand forever.

    (Tobacco companies still making money selling to 3rd world countries.)

  4. #4
    They are certainly out of favour for now but there are a lot more sound reasons why people would give up smoking than give up oil. These companies will rebrand as diversified energy akin to Phillip Morris becoming Altria. The American edge is oil and the petrodollar. Cramer is virtue signalling.

  5. #5
    RockStar
    Join Date
    Jan 2004
    Location
    playing with Scarlett Johansson in our underwear somewhere in iceland
    Posts
    3,193
    Quote Originally Posted by daywalker11 View Post
    They are certainly out of favour for now but there are a lot more sound reasons why people would give up smoking than give up oil. These companies will rebrand as diversified energy akin to Phillip Morris becoming Altria. The American edge is oil and the petrodollar. Cramer is virtue signalling.

    oh yes the petrodollar. more punch than the bitcoin



    French kissing involves all 34 muscles in the face.
    A pucker kiss involves only 2.


  6. #6
    Quote Originally Posted by malata View Post
    oh yes the petrodollar. more punch than the bitcoin

    The petro dollar is the single greatest soft power tool the world has ever known. Outside of kinetic warfare I am not sure of a single tool used more effectively as a force for deterrent. Could end soon but I wouldn’t bet on it.

    What thoughts do you have on bitcoin?

Posting Permissions

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