TwinTrader.com announces the publication of ‘You Like Oil, But Afraid of a Washington “Witch Hunt”? Bolt Technology (BOLT) Won’t Get the Noose’
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You Like Oil, But Afraid of a Washington “Witch Hunt”? Bolt Technology (BOLT) Won’t Get the Noose
”Those who accept the thesis of “Peak Oil” and its implications of higher oil prices and fat leveraged earnings for Exxon and Shell, and also expect Washington to tax “big oil” earnings in a manner befitting a socialist coup, may have a “Duck and Cover” (D&C) strategy to play that removes them from the hysterical bourgeois who predictably scapegoat what they deem is “greedy”...
”One especially attractive D&C maneuver is to invest in a sector that investors benefit from firm oil pricing, but without the side-effects brought about from a 17th century Salem-style “witch hunt” in Washington. The sector is Oil Services— a sector that makes the implements of the craft, not practice the dirty deeds, itself. And the nobility of taking on Washington in the effort to seek truth and justice has no place in your portfolio. It’s expensive, risky and only encourages political infomercials disguised as thoughtful fact-finding hearings...
”Of course, investors can invest in Canadian oil companies to avoid being hanged. But what did the legislators do to the health care industry in Canada when the citizens of Canada bellyached about the costs? At some point, Canadians may feel energy is becoming too expense and demand “something be done about it.” Too risky, again…”
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