Whether it's a big wave in Japan or some other excuse....or frankly no excuses....this stock gets pushed down in the summer then it pops up big time going into September. I've been playing this cycle for years and it's making me rich...so discuss amongst yourselfs all your theories and I will see you at $160.
I'm not understanding your logic entirely...surely Management should take the good with the bad but it would take a magician to increase profits with an OIL company when the price of long is in a prolonged downward trend. I mean, come on.
I appreciate your effort but even I can't get behind a $50 share price...don't get me wrong...I would load up but this will never happen. As I have been saying for about a year...I'm jumping in when this yields 4%.
cut costs? so reduce oil production even futher to profit out of this...I'm actually at a loss for words.....
I believe your assumptions are wrong. Remember, the earnings represent the previous 3 months...where the average oil price was actually higher. What do you think the earnings will be next time? Double...of course not. Any prudent manager must begin to preserve capital. Yes, they are doing that already with capex reductions....but this also means immeidate or a medium term reduction in output as well. Oil companies can run but cannot hide from prolonged low oil prices.
lol...people still aren't learning even after what I post comes true...stay away from this stock.
I truly hope it was XOM buying back their own shares and not the public. I knew this jump was silly....EPS of $1 vs an expected (and already lowered) $1.11. Good luck.
so how about those refinery margins! Earnings $1 vs est of $1.11 (which was already significantly lowered)....funny how low Oil prices affect an OIL company right? It's like magic or something.
So I guess the price of oil actually does affect an OIL company...who knew?
You think the American exchanges are any different?
yay....on a consistly lowered estimate....wow...so impressed. I'm sure that the street will just blush to this gets to a point where it ONLY lost less then what people expected...haha
I'm hoping that this completely collapses and goes to like $110 or $115...cuz I'm ready to load up with more $120 Jan 2016 calls....it's why I'm rich :)
so will goog or FB not saturate advertising...coke with their pop sales not saturated yet? Apple is no where close to being saturated. Are you suggesting that mobile communications will be going away anytime soon? Maybe the dail tone phone will be making a come back....seriously come on. BTW....Apple is much more then just phones....software, itunes (this could be a billion dollar company by itself!), ipay, itv, OWNS the music industry, moving into movies oh.....and it has $200 BILLION in cash.
biggie....do me a favour and look at a 5 year chart....Apple is mostly owned by institutional investors, so when they want out their 100,000 shares but your (and mine) 100 shares to shame. But watch, it will pop like it always does.
completely stupid...sell low? If this $160 stock goes below $120 sell your house and buy as much as you can! Do you not think that Apple will sell more phones? The upcoming product lauch won't sell any more phones? OMG....I really hope you are the basement poster that I think you are and don't actually invest!!! God bless you
now of those fools have any weighting on investors....couldn't careless what these clowns say...haven't watch CNBC for years.
To be fair to smokey here...I do agree. Be careful with the excitement that these oil companies are "beating" already lowered estimates. I'm talking about the industry in general. Personally, I don't see any near term pop in Oil prices so regardless of individual stocks...I'm staying away until I see better price movements in oil or share prices coming down WAY more. But good luck everyone!