50% of all oil use is for manufacturing. Ever hear of things like plastic or rubber? Oil is never going away completely.
Not to throw water on this, but ACAD jumped big time last week on nothing but conjecture. Then it dramatically fell back to reality 2 days later on bad news. Not saying I want bad news but I am starting to wonder what to do here.
I agree with your sentiments but there are many many boards that are just full of shorty nonsense and have become absolutely worthless as a place for investors to discuss anything.
I don't see a partnership. But with mergers going on between ACT/AGN and VRX/SLXP, I can see a very qualified executive coming on board as the new CEO. .
What if you had a brain? Oh wait .... not possible.
RW, this clown id has been in existence since .....today. When so many clowns show up all at once to tell me to sell, it sure is clear that selling is that last logical thing to do.
Ri, you sound like you know what's going on and have a handle on things. I hope you are right. My work experience tells me when mgmt has to backtrack like these guys just did it is best to put everything in as bad a light as possible, then possibly surprise to the upside. So, I see a smart CEO saying 6 months when he really thinks it can be done in a couple. It would make for a nice summer if they can do it in 60 days. I'll buy you a drink if/when they do.
You are trying to make to much of it. First of all, they delayed last quarter. Then just a couple weeks ago at the quarterly they stated they were on schedule for 1st qtr. To announce a delay ust 2 weeks later is totally unacceptable and a valid reason for heads to roll.
I'm with you on that. Disappointing though that just 2 weeks ago everything was fine. Or I should say they didn't have a handle on things and didn't know what was going on. I got .60 on March 40 calls and saw them later at .70, somebody thinks this thing might recover rather quickly.
Foolish move. By tomorrow afternoon it will probably start inching back up from the overreaction.
This jerk Ludwick has only been around since Feb 20 and has posted almost 1400 messages. Enough said.
I would review the numbers but I'm busy writing on msg boards for stocks I don't follow or care about..
Thank you for this brilliance! If only I had read this before I bought all those shares. Now I'm going to have to dump 50 million of them on Monday and drive the price down to penny stock range. Please share your company name so I can contact you to manage all my finances in the future for you are truly a genius. What's it like to look in the mirror and see a douchebag?
The Harvard MBA's I know are all douchebags. Now I can add you to that list.
Then when none of them get filled, go and kick yourself for not buying at the prevailing price. Knew to trading indeed. I wish I knew what knew to trading meant?
Let's see here. 4 x.08 would be .32. Nope, guess it's not quarterly. Let's try 12 x .08 genius and see what you come up with. By the way. use .0833. Better use a calclulator, genius.