I remember USG and GRA when they were negotiating a settlement over their asbestos liability and the shorts stated the companies would be broke after the settlement. A proposal for a settlement came out and the shorts said it would be thrown out USG dropped from $28 to $22, The courts of course approved the settlement and USG rose to $120.
The same is true for IOC they have deals some say with the PNG govt for approval and the stocks weak and
well the PNG govt needs this deal. Which deal will the govt take?? Any deal any at all sets IOC up to earn Billions in cash flow from LNG production and condensate production on 30,000 barrels a day.
Kenny: that would be "who is winning?" Not whose? Jeeezus H. How can an MBA and a Certified Financial Planner write like a six year old? It is clear who is not winning, and that is the English language.
Kenny, you and I both know (from your old Yahoo JFT posting history) that you rode USG up and all the way back down again - after it's big run into the $80 plus range it immediately started tanking it bottomed out in the single digits - if memory serves you slunk away and stopped posting in the 20s.
If IOC goes to $1.00 and Kenny moves onto his next grift he'll be talking about how IOC went to $99 once.