there are idiots who pay $5 for coffee, Burrito at least fills you up good. A meal for $5 is not bad.
LIKE MORGAN :-) See what happened today. Morgan wrote a damaging note and SDRL went up 5%. Only fools believe in what analysts say.
do exactly opposite to what wall street crooks say. I think this has become well known fact. Hence, SDRL is up 5% after Morgon's note.
yes too many negatives that is why it is at 11. In 2 years when oil is manipulated back to 80-90 range, people will be paying 35 for this SDRL.
Huge short covering rally to begin at anytime now
I have been waiting for that crash since 2013. Dow has gone through the roof since. I wouldn't count on it anymore.
big money wants to keep it low for a while so they can sign long term contract for cheap supply of oil. Remember these companies BP Exxon are heavily into refining and retail and they buy a large quantity of crude for refining.
which tends to be short term thing. If you just wait a month or two, there will be a great short covering in oil stocks. Summers are almost here, oil demand goes up quite well in summer.
who care what and why these scam banks do things. keep an one year hold on your shares, you will double the money, at the very least. this weakness in energy sector is all manipulation (just like the manipulation we saw when crude was pumped to 150/barrel.
don't let this opportunity to go, load up. CHK is the biggest gas producer after XOM. It is no wonder why Icahn is so badly after CHK at these levels.
Last month, Wood Mackenzie, an energy research organization, found that of 2,222 oil fields surveyed worldwide, only 1.6 percent would have negative cash flow at $40 a barrel. That suggests there won't be a lot of chickening out at $40. Keep in mind that the marginal cost for efficient U.S. shale-oil producers is about $10 to $20 a barrel in the Permian Basin in Texas and about the same for oil produced in the Persian Gulf.
every oil company had a bad last Q and the one before that. Now that oil is going up and expected to recover more, the earnings in the last six months will not be an indicator of future earnings.
Carl Icaan knows what he is going. He is loading up CHK like there is no tomorrow. Just have some patience.
The opposite and that is a good news. SDRL signed a contract to buy rigs. Now that the market is not good, SDRL is delaying the completion of the purchase and renegotiating the contract. This is a good news.