several firms, mccarry, morgan b stanley. sea camp downgraded over 50 oil names.t is littered with the oil stocks including transocean and apache. diamond offshore, the list goes on an on, the big issue is when will supply come in line with demand more specifically, when will the u.s. shale to boosters blink the price to which the companies break even guys in the basin can make money at $45, but below that, the air gets rarefied. below 40, a lot of these guys are not making money, so will this be the event that causes the shale producers to cut production maybe, but don't bet on it one thing that's asmazed me, thy have the money, they're not going to spend it. piper jaffray said they see no signs. about 750 right now. once we get to $40, at how a barrel, they estimate the industry would need to reduce counts by 200 to balance cash flows ou, so maybe, melissa, $40 might be the magic shake outlevel back the you >> thank you very much dan, you had mentioned the recent pop i would say. in oil stocks. one manager i spoke to today said that's reason for to be bargains >