As Officially Unconfirmed as it may be.... Deal getting announced tomorrow after bell
Fireworks to commence soon as the calls to start covering will be going out
All my opinion... My source is reliable. I do have a long position in IOC. I receive no compensation from seeking alpha or any other fish wrap.
charlie, you have made this statement before and that was back in June 13, and they did have a BOD meeting. Maybe something like this will occur, " We have such a great deal with Exxon that it is going to take another few months to make sure this is a great deal for our shareholders" That is the only news that is coming from your "deal"
Charley I hope so but I would be surprised if true. I personally like inciderr posts that said deal by the end of the month of April err thats next week. Who knows for sure maybe Phil might. Not us.
for those of you bashing me please take note.... the other 'charleydavid' poster is a newly created id from today and whomever that person is decided to rip the board... ??
for the record, i did indicate that it would be today or tomorrow... and also made it clear it wasnt 100% lock
i will say that this isnt a perfect science nor is it full proof... but my sources have helped me make more money than i have lost... so i am again leaning on the high side of a 50/50 chance.
lets assume i get it wrong and it doesnt happen til tomorrow or the next day... oh well, but i believe it to happen that soon
Not to play devils advocate here Charleydavid, but is there any chance you floated this to try to prop up some April calls so you could sell them? That's a direct question, not an indictment of you, because it appears you were wrong.
Good luck longs
Sentiment: Strong Buy
does not even matter. What matters is what the longs have been told since the press release, asserting they would conduct this collection of bids, decision and government approval under wraps. They have done nothing of the sort. Material information has leaked out all the way through, tracing back the options trades would prove it. SEC will likely do nothing because they are a washed up do nothing organization of hardened organized criminals. Take it for what it is worth. Every single insider trader should be outed before their family, long and short, to admit they make their money stealing from others.