by helios » Mon Jan 12, 2015 11:54 pm
Thank you Winston for the post in e Oil thread.
8.8, IMO, is a convenient figure (don't really believe in what analysts say).
assuming there'd be delivery failure in contracts, how would you 'price' it in?
20% discount means 6.4 (off target price avg of 7.5), then again 6 is such a psychological number ... when was e last time it was 6-ish? food for (extra) thoughts.
not vested
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