So what does this have to do with Ford? Remember an investment board, not a political forum. Get IT!
Have seen other good boards ruined by people who could just email each other to share their political views.
I added also. This could take a while and I understand that. It is, what it is, regardless of all the posts, pro and con. A circus, just buy or sell and shut up, no business here if you do not have shares. This could be a major, once in a lifetime investment or at least a make a few bucks and sell when it is up a few penny's. I plan to hold and profit or loose! That simple. Best to all.
Hopefully this new event will open the door for more contracts and higher rates then in the past year. If they can pay the next due loan then gives them time for more changes to hold on and even lake a buck or two.
At this point only saying, I said so. The general market still near record highs and we are at new lows. If this market really goes down I see $4.75. But remember you keep getting your money back. For how long! For disclosure, I will hold. Just frustrated and hoping for a turn around.
In the past, oil went up and stocks went down. Now oil prices down, stocks down, go figure. Yes some lost jobs but also billions more for the consumer to spend. Time will tell.
Got a while to tell what happens. SDRL is probably as well set to handle this as any driller. They still have billions in contracts out there through 2015 and into 2016. Even if the contracts default SDRL will have legal standing in most cases. As said time will tell but a bit early to talk BK.
What to ---- does this have to do with FRO? Can we say you do not get? This board is for people to use to share info, questions, ect about FRO.
I love it, high oil prices and the market goes down, low oil prices and the market goes down, which is it? Guess we need oil at $80 and stable.
SDRL is just another investment as GABUX. I watch and do as it feels good, often with good result and as often with bad. The market is what it is. When I pay a big price for people to manage a fund I expect results other than my money back. What are your expectations?
I do like to do more than break even as they give us our money back at about the same rate the share price declines.
This should be good for CSX. The trucks and planes are doing great but did you ever see a plane deliver coal? I have watched for the past years and just before I do vacation, late December my value tanks. Same this year, a bit worse but always a reason for stocks to go up and DOWN. Brokers and big guys win, we are along for the ride. Best to all, just hold.
Seen hundreds of law suits against companies. Only winner, Lawyers and those who want the company to go under. Investors seldom make a penny for their efforts.
I am actually set to add next week if it goes down even a penny. Never day traded this but looks like that is the answer to make a dollar or two. Just lost my a-- with Sea Drill. Hope the oil thing is setting up for a big recovery next year. Best to you.