Recent content by Dope007

Absolutly no idea of where it will go as like everything it is being heavily affected by traders on leverage. As a long term hold I think they are excellent. Capital position is very strong, dividend is big, and the latest deal with the NRK mortgages is a cracking deal imho. For me they are a...

jasy22 the $ fall only explains a small amount of the rise though. Oil up over 100% but the $ fell 50%? If the $ is the main reason which many do claim then oil is definately overvalued. How long it remains to be is anyones guess though!!!

because the price is only going to go higher and higher over the next 5 years. Why? Anything can happen over 5 years and I think alot of the current bull arguments on oil are eing put in the media with all the bear arguments being completely ignored. Until that is the speculators start to trade...

They got in first and that was correct due to a low capital position after buying ABN with cash and not due to hidden debts in my view gooseman