If what you said is true I will back up the truck and load up on IOC. It tells me IOC finally know how to work in a third world country. Money buys everything, government and critics of government. Ever since the invention of money, bribe is the way to get things done. Ha ha ha ha !!
Just when everyone think it should go up , it went down. Seen that time and again and am not surprised. In fact, it happened so often, I am not even upset anymore.
I don't know how long we can stay at this low level but the longer the better for buying the 2017 calls.
Strong sign ? The market does not think so. All things oily on my screen gone green except for one POS of a stock. Guess which one.
The management may be afraid to hold the cc in June since they will have to answer questions on the lack of progress drilling.
Instead of day dreaming, it would be more productive for our executive vice president to go out there to cut some trees in preparing the site for A6 spading. If A6 does not start soon we may not see the paycheque from Total till sometime 2016.
I agree with your assessment of what happened in January. May be shareholders can file a lawsuit against the management ? OR complaint to the SEC ?