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InterOil Corporation Message Board

  • iluvioc iluvioc May 24, 2013 11:22 AM Flag

    We now know

    this much. It will be XOM. Always made sense. To much synergy not to be exploited .Todays open is a precursor of things to come. Even Erich knows this. The shorts now know the size of the time bomb that's waiting for them.

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    • Yes, your post is correct, and this validates the story 10 times over for sure. But the issue today is the sell off on the news. Exxon does not do things overnight, esp. on a deal of this size and potential. Those in the stock for a long time saw this opportunity to take their profits, knowing full well that the monetization process can be protracted, and there's time to get back in a lower prices.

      The other thing I mentioned on another post, is that they telegraphed a major months ago, so this was no surprise to the street, so there's that.

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