Loading ...looks like scum are playing the same game in Oil staox as PM ones, they are trying to crush XOM, just like they hit NEM, to get the Oil indeces/ETF’s to go more bearish….but XOM maybe about to announce a huge deal and even if they don’t, they are a monster these days, that the banks can’t frighten, unlike the poor PM co’s
Hedge funds are big time short Oil stox as are JPM and GS…if they can’t turn the Oil stox, it could be carnage to the upside, when they try and cover.