Matter of fact the Rockefeller Foundation don't allow oil investment. Stocks can only rise when there's investors, and these policies by funds are sucking away money from this sector, not to mention oils other woes.
looking for the usual contrived 50% off the top haircut that the big boys usually give these new issues as an initiation ritual to shake everyone out and start fresh. After all they unloaded to the bag holders at the top, and the greedy pigs always want to extract the last ounce of blood.
for oil has just set in. Past oil bear markets have lasted for 10 to 20 years. World economies are fragile and can't afford high prices, gluts in crude as shale and sand extraction has gotten cheaper and more sophisticated. U.S. has a 300 year supply of natural gas and it's not looking good higher prices any time soon and the debt will drag down all the small fry. Has anyone said SOLAR !
or perhaps some other oil titan, they'll be buying these small fry for pennies on the dollar as the industry
consolidates. Same thing happened in the 1970's when shale and tars were left for dead.
They should be paid for positive performance only. If economics outside their control are causing a price drop, too bad. They can't have it both ways, they should have prepared themselves for any and all conditions.
Have to agree with you, Arabs disrupted the oil shale industry in the 70's and they're doing it again. Add in better extraction technologies, solar, huge nat gas reserves etc. Oil will remain under pressure. Upside for XOM, they are diversified and they'll eat the small guys lunch and buy them out at discounts.
railroads chugging along. His ownership in SUN is strictly tied to his rails. Glad he's taking a bath here.
Only reason it's popular is that Americans are too fat and lazy to brew a fresh cup of coffee.
Exactly, when management makes poor decisions they should suffer along with the shareholders, plain and simple.
mismanaged this company something terrific. Stock options should be tied to performance, and quite frankly these folks have not performed an iota, one mistake after the next.
Trump's the best. Owes allegiance to no one. Not a career politician, the right man for the job of POTUS !!
Most of the goods they sell are produced in foreign sweat shops. Advise Macy that your closing your account and refuse to shop there till they stop selling goods produced in foreign sweat shops.
what the stock does in the short term. He owns positions in other auto related companies, and by being on the Board he can influence business decisions which will help his other holdings. Warren Buffet operates the same way, their ownership in a Company is not always what it appears to be there can be ulterior motives.
He's already made his intention known that he wants to acquire 40% of the Company, he's happy to accumulate
as the price drops. When he's filled his boat and has the power he wants he'll make the necessary changes. He's also a major holder of automotive related companies, FDML,NAV & perhaps others; there could be cross business opportunities between those and HTZ.