in bad management, self-dealing and failure.....the many screwed by a few.....billions lost by shareholders so a few insiders could make 5 million
cramer is a loud mouth, self promoter.he is a shill. the fact he gets so much airtime on cnbc says a lot about cnbc's agenda.
My's fall after good earnings is just as illogical as the oil market's 40% drop on a 2% over supply. there is no rhyme or reason for most of this stuff.
The Athlon merger is one of the most overpriced deals I've even seen. A better deal would have been to buy Calpine and use ECA's gas production to produce 26,000 megawatts per day.
Athlon deal looking pretty dumb right now
US export growth growing and mid-stream provides the transport and terminal service. Most of the exports are refined products and NGL which is again PSX strength. Current evolution in energy industry and shifting supply dynamics favors transporters, refiners and chemicals over up stream operations. Majors have to offset upstream revenue decline with downstream expansion. 1:1 stock swap with xom; .85:1 swap with CVX;
Started buying at 14.10 and stopped at 12.60......got out with average cost of 13....only profit was the 7 cent dividend. the macroeconomics of oil's plunge is very scary.
all asset classes trade in tandem
the problem I see is their order backlog has shrunk while dealer inventory has risen. WGO needs to cut back production and shrink its dealer inventory. As it works down this inventory by reducing factory hours the order backlog will build back up. Should take about 6 months to balance orders and inventory.