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Occidental Petroleum Corporation Message Board

coachzack 7 posts  |  Last Activity: 13 hours ago Member since: Jan 24, 2004
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  • coachzack coachzack 13 hours ago 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.

75.73-0.22(-0.29%)Jul 2 4:08 PMEDT