We are likely to see prices continue to fall given the lovely weather and the likelihood of rising inventories.
More Quotes from Michael Lynch:
We are going to fight this tooth and nail, ... This is far from being done. We have been waiting for the right time to make our tender offer and we will do so in the next 30 days.Michael Lynch
Gasoline demand normally drops off at this time of year. This year we are seeing an additional decline.
Michael Lynch
We still plan to make a higher tender offer, all cash, and arrange all the financing and due diligence, ... if they didn't think a guy like me was serious.
Michael Lynch
We've clearly been getting support from the weather. Crude oil, distillate and gasoline supplies are all higher while demand is lower. There really isn't a bullish cloud on the horizon.
Michael Lynch
They went through extraordinary difficulty in trying to make the building work. The sails themselves are all made out of pre-stressed concrete at a point where that was pretty much cutting-edge technology.
Michael Lynch
All the shells are cut out of the same sphere, ... and now all have a common denominator.
Michael Lynch
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