All good till the Japanese get burnt quickly and learn their lesson ! Mongolia can't be trusted.
It is hard to believe a government can be so inept and stupid to slit their own throat. Lesson learned here is not to buy equities in countries with no laws, plenty of corruption and miniscule brain power!
I am long but with six million in sales where is this going? Even if sales go up ten times to 60 million and we split the profits with Cardinal what do we really have and do we have something to push the pps higher ?
If the US produces 9.2 million barrels per day but we use 19 million barrels per day where is the glut coming from ?
I have posed this question on many sites and it has never really been answered. How do you build excess inventory if you produce 9 million barrels per day and use 19 million barrels per day. I can only guess that the Saudi's are dumping inventory here at cheap prices ?
They are now calling for a new CEO. They say a dramatic change is needed to turn things around. I agree with them. It doesn't take a year and half to get things straight, which obviously they haven't done.
Are you serious ? I AM LONG AND TIRED OF THEIR POOR PERFORMANCE. I think they are now in trouble going forward.
I agree CEO stinks and I think game is over for ZNGA. It can't take this long to get things right.