Small Cap Scientist ๐จโ๐ฌ๐งช๐ฅผ
12.2K posts
@SmallCapScience
Investing/Researching/Building/Teaching across Web 3. Nothing posted here is financial advice! #DeFi๐ฌ ๐งฌ ๐งซ
@0xEvoy If you want some small cap oil playsโฆ $EONR - Micro/Smallcap producer that is growing production exponentially in the coming years $WTI (W&T Offshore) - High Leverage Gulf of Mexico producer $TALO - Undervalued producer & currently drilling largest gulf discovery in a decade
I'm currently in Dubai and the banks are getting weird. Citi and Standard Chartered literally evacuated their offices this week. Told staff go home, work remote. HSBC closed their Qatar branches. Hedge funds are in "contingency mode." That's a polite way of saying they're bricking it. Analysts are saying customers could pull out $307 BILLION if this goes on another month. $307 billion. Let that number sit for a second. Bank withdrawals are "elevated" โ that's the official word. A guy I know who works at Emirates NBD told me they've had more wire transfer requests in the last two weeks than in all of Q4 last year. Iranian accounts? Those are getting flagged and frozen quietly. No announcement. The UAE central bank just launched their biggest support package since COVID. That's not a good sign โ that's a panic button. People are moving money to Singapore, Switzerland, anywhere that isn't in Iran's flight path. The dirham is pegged to the dollar so it looks stable. But that peg costs money to defend, and everyone's watching it.
Insane strength today from $EONR. EON Resources cleared the 52 week high today, fun is just getting started. There is currently more volatility in small cap commodity stocks than most memecoinsโฆ
wow what a surprise
@0xEvoy If you want some small cap oil playsโฆ $EONR - Micro/Smallcap producer that is growing production exponentially in the coming years $WTI (W&T Offshore) - High Leverage Gulf of Mexico producer $TALO - Undervalued producer & currently drilling largest gulf discovery in a decade
@0xEvoy If you want some small cap oil playsโฆ $EONR - Micro/Smallcap producer that is growing production exponentially in the coming years $WTI (W&T Offshore) - High Leverage Gulf of Mexico producer $TALO - Undervalued producer & currently drilling largest gulf discovery in a decade
The majority of oil analysts estimate the 400M barrel IEA release will happen at a pace of 1.2-4M bpd. 4M bpd won't cover even 25% of the daily hole from Hormuz being shut down. $CL $USO
WRIGHT: U.S. PLANS TO HAVE MORE BARRELS OF OIL IN STRATEGIC RESERVE A YEAR FROM NOW DESPITE RELEASE
US WRIGHT: 172M BARRELS RELEASED IN RETURN FOR 200M BACK WITHIN YR
