AAPL never dropped like this last year. Apple jumped when Icahn called it "No brainer" why is he not doing the same for Transocean now?
This and RIG are scary.
One barrel of raw irreplaceable crude is too cheap at even $70 (if we know what actual barrel unit mean)
Low oil price is very bad for everyone.
Let me pay little more at the gas pump than shut down hotels, trucking, oil workers, oil towns and neighborhoods sustained by oil jobs, stock market, 401k tied to market, etc.
Icahn is a market maker who knows how to recover loss. worry about us losers not him
AAPL change direction once he called a "no brainer"
Offshore drilling is a long term continuous process that depends less on current oil price. Helicopter, Riser, boat and many other companies are tied too.etc
A barrel of crude is too cheap for $50. Not with present rate of usage and countries depending on it's revenue. By summer am expecting $70/ barrel minimum.
Sounds like deliberate attempt to cheat government on taxes and investors on stocks.
We are talking about Thanks Giving, Christmas and New Year sells where Amazon and Best buy made records...
Somebody is lying.
Why did Zack upgraded JCP on Friday Night after trading instead of Monday Morning?
You may be right but one thing I know is that American capitalism would not allow me to continue to fuel my car @ $1.50 /Gal for a very long time. They are greedy and would make sure that I pay close to $3 /gal....Oil price will climb up then.