teen apparel is most definitely in a depression pt for urbn is $20 by 1q15
very bad sign going into holiday season
agree why sell at 4 year low oil prices. its stupid unless your just in for a quick trade. the WSJ thinks this deal is too crazy to go through because oil hasn't stop falling.
why sell at what looks like market lows. this property is worth more than 4 year low oil prices are giving it!
DON'T SELL! DON'T SELL! DON'T SELL! DON'T SELL! DON'T SELL! DON'T SELL! DON'T SELL!
i see your point. the saudi's want to provide the vast majority of u.s. petro at extremely high prices + $200. as rockefellar did when he was an oil monoply i.e. you drive the competition out of business and take the prices to the sky.
as they say the cure for low oil prices are low oil prices. nothing cuts production faster than below breakeven prices. just ask your farmer they live with these price fluctuations daily.
RIG pt $10 bloated costs and 50% cut in dividend shortly, RIG board NOT waiting for April board meeting
Hold your fire $9 handle is coming back. BTW I meant in above "without doing anything" not nothing. A double negative is a positive meaning the Chinese will be doing something in the next 16 years. GL.
and Obama gets to wave it around in front of the Liberal Dems in 2016. It only costs the south eastern coal miners there jobs because of people NOT wanting to invest in coal for the long term. Jez Obama really hates Kentucy et al.
so far his Rig loss is $484m he's made $2b just in Apple this year. lets see, an effective 35% tax rate would mean he could lose another $200m in Rig to meet his Apple tax gain write off of $700m. He has 21m Rig shares so he could lose down to $17 pps in Rig before he starts selling them.
Seems to me I heard Boone Pickens say $200 oil also, he again was wrong.
Fracked Bakken oil is high cost to produce and transport but still much cheaper than deep water drilling. The low cost producers with little or no leverage will survive. Its questionable whether or not Rig will be one of them.
When the CFO was asked about the daily lease rates falling through the floor, she answered "We're seeing softening in the lease rates and spending budgeted to deep water leasing pulling back".Notice if you will she did not QUANTIFY anything only tossing out broad generalities. You have to dig deep in the quarter numbers to get the answer the analysts were looking for i.e.up to 50% cuts in daily deep water rig lease rates. Listen to the C.C. if you're long you'll puke.
that's whats keeping this pile of dirt above $10 will go to $5 if Repubs lose
Trick or Treat. Happy Halloween !
to start spreading this dreaded disease. All the infected have to do is start attending NBA, NFL, College football and basketball games to spread this to thousands by coughing and sneezing into the air. The worst of both worlds Ebola as an Isis bio weapon.