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Latest rumor is that OXY is in for major reorganization and layoffs. Hearing it on the streets. They think the oil price will remain between 25 - 45 a barrel for quite some time.
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I've attended shareholder meetings in the past, when they were in Houston, Tx, two years ago. I like the company but I had sold out. Waiting to get back in. This time I think I'm gonna ride it out for a lot longer. Given how far it has fallen, I'm hoping to replace my some of my housing stocks with a couple of oil stocks. I like their financials and I like how they are seemingly more repsonsible with their technology than a lot of the other oil companies.
Hall loses over 1/3 of his AUM during 2015. What a friiggin joke he is!!! Way to go OXY!!! Hall will invest your money until there is nothing left. A GOD? I don't think so. A loser? Yes!. Cut Astenbeck loose while OXY's 20% ownership still has positive value.
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oxy my best performer the past 10 years who knows with this oil thing maybe someone goin to buy oxy with a slight premium who knows sick of this #$%$ goin on
was Tomorrow so Trump could either negotiate with N Korea, Iran and China OR sent sent them certain items which would place them back about 1000 years . The idiots in Wash now are useless.
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How much more did Hall lose in December? Down 30% maybe? A few years ago Hall had around 5 Billion AUM and two companies. As of November he has one company and a little over 2 Billion AUM. Way to go !!! OXY will let you manage money until there is noting left.
in the long haul , they have to take a breather .. the best managed ones will survive and that's pretty much
it .. picking the rights could yield some ugly surprises .. it's a #$%$ shoot for while .. .g
Same stupid state that needs to be sued for allowing illegal to be running free sheltered from deportation. Time to take action put someone in office with massive veto action to put an end to all this illegal #$%$ from states.Enough America.