Ah, but most of this "alarmist BS" you talk about has turned out to be valid. What does that make you, WU? You pumpers are all alike. Attack dissatisfied longs as you wish. And not sure where you get the "It's a pity you don't grasp the value creation likely to unfold"? MS has stated over and over ad nauseam that he is a less than enamored LONG...it is only your pumper buddies that paint him as a short. Since I have cut back my IOC investment, I may miss out on some of this windfall, but then again, I missed out on the latest drop in share price. Ah...the the picture is not always black and white.
4 thumbs down. Ha ha. I actually beleive bonk about when he first heard of IOC. That means I now believe that many of you are insane, rose colored glass, delusional, bury your head in the sand, idiots. Welcome to IOC-ville, world. Most of the shorts may be gone, but paranoia still reigns here.
Oo, you've broken my heart!!! Now grow up.
Even the home of the IOC religion (SHU) no longer clutters their board with much attention to shorts anymore.
Could not have said it better, Moose. These guys are just childish about the shorts. Can't focus on any good news, so we get this. Irritating.
Stop cluttering the board with Short messages. Grow up a little and just IGNORE them. Or does it really help you that much to ignore our dead money and focus on the boogie man?
There is now absolutely no doubt in my mind that individual investors (at least me) have a significant impact on the stock price....sometimes small, but significant. I waited and wated for days for IOC to go to 65.1 (to sell a $22K block of IOC) on great market news (as well as the interest in buying into some of the IOC holdings announced by Hession. But no...the stock would not budge above around 64.9. Then I put in a limit order for 64..9, but then the highs dropped more despite great general market news. I decided I had lost patience and sold for under the then asking price of 64.5. Sure enough, after my order executed, the stock went higher to about 65.4 before settling in above 65. This type of pattern happens about 90% or more of the time for my IOC buys AND sells. After I buy, the stock almost always goes down. After I sell, it almost always goes up. (We're talking blocks of $25K - $35 K. Lest you think it is just my paranoia, this only happens with IOC stock, not my other trading holdings. I am curious; has anyone else noticed a similar pattern with IOC stock buys/sells?
By the way, folks...whatever happened to VS? Haven't seen him here for a while. Did he sell his IOC and move on, or is he mostly just holding and lurking these days?
Don't waste your breath, MS. He strikes me as a pompous hypocrite. Who seems to have accused anyone else who was critical of IOC management as having "an agenda". As if every person on earth does not have an agenda. Let's just move on and chuckle at his late to the party frustration with IOC. Like it or not, he along with many, many former pumpers have joined the ranks of frustrated IOC investors. Hopefully, you and I can later join the ranks of the IOC pumpers. It is about time we got some significant good news.
jdeo, you are welcome to change your views to match your perceptions at any time and to state them on any message board you want. No one is questioning that. For what it is worth, I remember you as being very judging of others who might have been critical of IOC in the past though. I considered you as being one of the less tolerant and bigger IOC pumpers on the board. As such I did not shed any tears when you left to join the cheerleading squad over at SU (which, by the way seems to have lots of great petroleum expertise in at least 3 or 4 of the posters). As long as you don't get too judgmental here, I am sure you will always be welcomed back, but MS has every right to poke a little fun at your expense. It's not like you always held back your criticism of others.
bugaup, what in the world gives you the right to evaluate Gerald's investment savvy? I don't have enough information to assess it either, but I have very little patience with holier than though assessments of other's skills. What I do know is that Gerald sold some of IOC while the rest of us held (I think last year) before IOC took a significant correction. He does ok for an IOC investor. So if there is a nitwit here, it's you. Try withholding your harsh judgement of others.
I disagree that it is just noise. If you are talking ALL drilling results, sure, but we won't have all for a while. Besides, buy-in interest is itself, in the interim a stock support. Do you really think we would be up over 1/8% today without this noise? IMHO we would be down about another %. I don't consider 3% (probably more later) to be just noise. That is real money in the bank if you have a significant IOC investment.
THANK YOU for sharing this info. I am maxed out on IOC, so I did not invest more, but had I not already maxed on the FIDO rumors I would have added this morning on your news and would have been up 1% already as the market starts to digest this information. This should be good for at least a couple days climb, which will just bring me back to break even on my last IOC buy, but again, sharing real info her can make people money or prevent loss. Thanks again.
Hit mid 80's??? we can't get much above 65 without GOOD news. And there is no assurance of good news. We are in a gamble
Ok guys, I appreciate your good intentions, but absolutely none of you seems to have responded to the topic or questions I asked. Is reading still a challenge on this board, or have I entered the twilight zone. Was the FIDO communication "orchestrated"? Does anyone have any insights into Fidelity? Why is everyone avoiding this topic? Makes me wish Bonk and Eric were back. Those guys may not have agreed with us very often, but their advice turned out to be right and they always responded to the thread at hand, not generalities. PS: I don't deny manipulation, but it can go both ways. I wanted to limit this to the FIDO issue. There are plenty of threads where we can talk whether we will hit gas, etc.
I am curious to hear other moderates' views on this. It looked like many investors bid the stock price up, believing a real communication came from FIDO (and that it was credible), yet in the last couple of days, the stock support seems to have disappeared. How do you interpret this? Is FIDO normally credible? Was there a REAL communication or just some pumpers attempt to jack the price up, then sell? Would the FIDO source be none other than and interpretation of a response from IOC's PR department? Inside sources? This one seems more strange to me than even what I have seen with IOC stock before. Worth getting others's perspectives while we continue to get hammered back down.
And how is not delivering drilling results for 90 days that you said would be in in 60 days "over promising and under delivering"? As discussed on SU, the definition of "material results" seems to have some wiggle room, so we have a non-communicating, underperforming CEO in my book. We know nothing other than go good news yet.