I need some comfort in this economic downturn as i am heavily invested in oilexco when it hit 4 dollars and oil rebounded and i was in the impression that i would be able to capitalise on the upward pull of oil to atleast $70. but it has taken a nose dive from there. Knowing that they are doing to double the output i still dont understand why it is trading at $2.50 which taking into considerations of my calculations the markets making the assumption that oil will trade at $45.

Please share your thoughts !!!