% | $
Quotes you view appear here for quick access.

Occidental Petroleum Corporation Message Board

coachzack 794 posts  |  Last Activity: 8 hours ago Member since: Jan 24, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • coachzack coachzack 8 hours ago Flag

    Perhaps the thinking is that a big hit in oil will drive the marginal producers to sell valuable assets that they can't sit on, but the majors could. After the fire sale, the majors will not tap their new resources until the price recovers in three years ( which is less time than discovering and developing new oil). If this makes sense then it might explain the price support.
    I honestly don't buy this thinking myself. I do think the majors will need to suffer through the China worries and the pressure for producers to keep their citizens happy to avert social unrest. This is a real danger for many of the producers and that worry will keep oil flowing for a couple of years. The net impact on the world may well be to raise us out of the potential economic slow down in the developing economies.

  • Reply to

    last sale .50c

    by fochunat2be Nov 5, 2015 5:24 PM
    coachzack coachzack Nov 5, 2015 5:50 PM Flag

    Not enough volume for a buyout. Tomorrow however could provide the volume.

  • Reply to

    $1,27 back this afternoon at $1.20

    by dyneox Oct 22, 2015 10:32 AM
    coachzack coachzack Oct 24, 2015 9:49 PM Flag

    You may not have read my premise correctly. If you did not buy below $1.27 then you would have a loss when sold at $1.27. Buying it back in less than 30 days at $1.20 would trigger a wash. You are correct in that I am not a day trader. I am however a fairly successful investor. My skill set employs basic conservative instruments involving options and working trading cycles for some targeted stocks. At present, I don't believe CUR has the liquidity to trade 5,000 share lots but since you are doing it successfully my hat is off to you. I

  • Reply to

    $1,27 back this afternoon at $1.20

    by dyneox Oct 22, 2015 10:32 AM
    coachzack coachzack Oct 23, 2015 10:51 PM Flag

    You plan may have some problems. In practice, you just can't put 5000 shares up for sale when the trading blocks are 100 to 300 shares. Unless you bought the shares at $1.19 you will have to deal with wash sale rules and that accounting garbage is just not worth the effort. Probably better to try you move on a runup sine CUR does not tend to hold these gains.

  • Reply to

    Set my stop loss at $83 on my 2k shares

    by letsshortemto0 Oct 6, 2015 9:14 PM
    coachzack coachzack Oct 6, 2015 9:20 PM Flag

    I was under the impression that a stop loss order cannot be executed until the price hits the target and then turns up before it continues the downward price movement. I do hope you got executed. You probably had the order in early in the day so well done.

  • We all benefit from well researched honest intellectual discourse on the merits of a new protocol or the effectiveness of a new biologic. The process fails when contributors try to disparage a stock in an effort to achieve some small measure of self-gain. For years, we have benefitted from the contributions of well educated and extremely patient contributors like editroide2. I know that this is an impossible request, but I would like to see as a requirement for posting a verifiable declaration of ownership. I am not talking of ownership levels less than 10,000 shares. If ownership exceeds 10,000 shares then we know at least some skins are in the game. If ownership is zero or short then that too must be disclosed. Clearly this information does not negate what is posted but it does impart some sense of intended impact. No, it will not replace from the equation the due diligence every investor must do before committing funds but it would help in evaluating some of the posts made in great abundance from some contributors.
    Again, I wish to thank the many contributors who have shared with us the fruits of their personal research and their analytical insights. Your posts have added to the joy of ownership in this exciting company even as the stock has suffered so many setbacks. Yes, I do own in excess of 10,000 shares and I do support the goal and mission of this company with regard to attacking the devastating diseases of the brain that we currently support through our research funding. Our greatest hope is that the access to our capital does in some small measure contribute to the quality of life of our brothers. Our best to all the patients we are trying to serve and to the millions who currently do not have direct access to our treatments. We do hope that our treatment or that of another company will soon bring them mitigation or complete remission of symptoms and disease.

  • Reply to

    Afterhours buy

    by parpoopoo Sep 25, 2015 5:05 PM
    coachzack coachzack Sep 25, 2015 6:02 PM Flag

    The size of the buy is more important than the price. /clearly the buyer has the funds and wanted the shares. I do wonder why people wait for after hours to purchase when the volume is so thin. Absent new information an order like this does seem out of place. Hopefully the investment will provide a nice return.

  • Increase may be very small if at all this year. Might be a good idea to invest in better service and build a better customer relationship.

  • Reply to

    What happened to April?

    by fudgylib Aug 1, 2015 11:27 AM
    coachzack coachzack Aug 2, 2015 2:31 PM Flag

    Then her spirits are up. Thanks for sharing. I don't tweet so if you do please give her our best.

  • Reply to

    What happened to April?

    by fudgylib Aug 1, 2015 11:27 AM
    coachzack coachzack Aug 1, 2015 3:15 PM Flag

    She probably grew tired of reading all of the garbage on this board and felt that her voice was no longer needed. I do hope that she is doing well and that her spirits are high.

  • Reply to

    I think I'm done here.

    by young_guns_dd Jul 19, 2015 7:26 PM
    coachzack coachzack Jul 21, 2015 9:50 PM Flag

    Why price did you get for your stock?

  • Reply to

    I think I'm done here.

    by young_guns_dd Jul 19, 2015 7:26 PM
    coachzack coachzack Jul 19, 2015 7:42 PM Flag

    Take some comfort in the fact that your faith and support advanced the fight even if CUR is not the ultimate victor. I hope the new home for your funds have a positive impact on the world. Hopefully you will avoid just making money by trading MCD. In the end we are all responsible for how we invested God's blessings. The world really needs to will a few of these scientific endeavours. I will stay invested in CUR in the hope that my commitment will ultimately enable us to win this one battle. I pray for progress with the depression and spinal cord work as well. Far too many fundamentally good people suffer. They need the support of others who have not been stricken down by these diseases.

  • coachzack by coachzack Jul 16, 2015 9:38 AM Flag

    Has COP changed the declaration date for the dividend. For the last five years they never declared later than July 15th.

  • coachzack coachzack Jul 4, 2015 8:26 PM Flag

    Your calm and reflective analysis is always a comfort to those you have taken long position and are determined to ignore those who want to move the stock for day trading profits. World events are shaping our future and we are powerless to change it. China is a big concern. They have done what all major economies do to try to move their economy forward but they too are running low on ammunition. At some junction the people of China will come to realize that their unoccupied investment property does obey the Law of Utility. Property is king in this culture but once the brave new world we live brings the value of their investment back to realistic levels there will be a major reaction that will seriously impact their spending. This is going to hurt all of us. In this environment we should not be too despondent on the PPS of CUR. Absent a major positive announcement the PPS for CUR will not reflect current true value or short term potential. Long term vale is very high but it is also far off. Please continue to educate us on the merit and progress of the stock but don't fret over the near term movement.

  • Reply to

    Take out the last hour of trading yesterday...

    by alex1444b Jun 10, 2015 4:44 PM
    coachzack coachzack Jun 10, 2015 6:47 PM Flag

    What you observed today was basic consolidation. The people who got in at $1.46 to $1.85 may be inclined to take their quick profit and run. The trading volume was good enough to absorb these sales with out retracing too deeply into the gains. If CUR moves in a positive direction tomorrow then the quick profit seekers may have been purged and we can look forward to possibly new long positions.

  • Reply to

    Huge gains

    by bostonzelda Jun 8, 2015 5:23 PM
    coachzack coachzack Jun 8, 2015 5:45 PM Flag

    Relax and let the stock do what the stock is going to do. This is not volume that triggers shorts to cover. The volume does not suggest an epiphany relating to the efficacy of our treatments. It is positive and it may suggest a slow building of confidence. It could also be a trick by market manipulators to set up the next burst of shorts. Sadly, CUR has been the focus of short attack. The longs however know what they are waiting to see and believe that these things will come to pass. When the catalyst does manifest the volume will rock us all. Until then, just relax and be thankful that we can enjoy a positive movement. And, for your own sanity but all of the day traders on ignore. Our best to all of the patients who suffer and who could calre less about PPS but just want a cure. Pray to GOD that we our scientists can give them comfort and hopefully the cure they deserve.

  • Reply to

    FTR dividend

    by know_weigh_jose Jun 3, 2015 11:33 AM
    coachzack coachzack Jun 3, 2015 9:29 PM Flag

    Educate me.... isn't "return of capital" a tax free distribution? I think my dad had a return of capital one year and I think he said the benefit was that it was tax free in the year that you got the return. Even if it changes the cost basis if you go long term the tax is reduced as well. Thanks in advance for the clarification on the dividend tax issue.

  • Reply to

    Nice rally - any reason?

    by alex1444b Jun 2, 2015 11:58 AM
    coachzack coachzack Jun 2, 2015 7:26 PM Flag

    The entire sector went up today. CUR was probably oversold so it moved up a little more on a percentage basis.

  • Reply to

    Back in!

    by jimb503 May 22, 2015 5:42 PM
    coachzack coachzack May 22, 2015 9:11 PM Flag

    So you have a three month time frame ......

  • Reply to

    Seeking alpha

    by ashishcnh May 16, 2015 12:43 PM
    coachzack coachzack May 16, 2015 5:48 PM Flag

    Thanks for reminding us that we need to trust in the science. Very good people are moving this effort forward. With the new CEO perhaps enough interest can be generated to spin a good partnership. A solid partner would go a long way to advance the science and build future funding avenues.

75.19-0.19(-0.25%)Nov 27 1:02 PMEST