“PUMP” & Dump?

“PUMP” & Dump?

If there's anything I've been consistent on over the past several months, it's been the idea that Wall Street and investors probably shouldn't throw good money after bad when it comes to US shale. US operators have demonstrated an unwavering propensity to outspend, forcing them to rely on capital markets to plug funding gaps. Fortunately (for them), the central bank-inspired hunt for yield has meant that both debt and equity markets are relatively forgiving. And so, otherwise insolvent producti
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