ha ha, thanks for sharing, but it makes sense with the herd
mentality. Over the years I've seen neighbors buy SUV's when
gas was cheap and then turn around and sell them for a loss when
gas was expensive and dealers wouldn't give them much for them
because demand was low for for them, and then pay over cost for a
Prius, then repeat the process again when in realitiy they should
have done the opposite - sheep is the descriptive word
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It went into the mid
Crude Oil
Posted by rbreese on 18th of Dec 2014 at 11:47 am
It went into the mid 30's last time in free fall from 140. Good luck .
Yes, I could find a
Posted by zenman on 18th of Dec 2014 at 12:12 pm
Yes, I could find a sole to invest in our oil property in Alberta at that price. But, later at $100, there were no shortage of suckers...
ha ha, thanks for sharing,
Posted by matt on 18th of Dec 2014 at 12:17 pm
ha ha, thanks for sharing, but it makes sense with the herd mentality. Over the years I've seen neighbors buy SUV's when gas was cheap and then turn around and sell them for a loss when gas was expensive and dealers wouldn't give them much for them because demand was low for for them, and then pay over cost for a Prius, then repeat the process again when in realitiy they should have done the opposite - sheep is the descriptive word