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Occidental Petroleum Corporation Message Board

coachzack 2 posts  |  Last Activity: Feb 28, 2016 2:28 PM Member since: Jan 24, 2004
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  • coachzack coachzack Feb 28, 2016 2:28 PM Flag

    I would hope the Chinese compare results to a control group before trying to assign benefit. In recent years, some really outstanding studies have come out of China. They are free to take more risks than us and as a result then sometimes accelerate the discovery process. I am hopeful that this report is just such a case.

  • coachzack coachzack Feb 2, 2016 7:30 PM Flag

    If they were actually close to a deal you would see price behavior much like what BCLI went through when it jumped to $8.50 over a two day period only to be disappointed by management. CUR management does not operate like BCLI so I don't think we will have a run up on false and/or implied actions. When people close to the company sense a real deal in the wind the volume will be multiples of the daily average. I think we are just returning to a share price that the management and the longs believe is the bare minimum for continued support i.e. price $1.00 / share. Management clearly does not want to be forced to reverse split shares so I believe they are quietly off the record trying to marshal up price support to avert an action that would clearly harm the company.

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