Thank you. Then you agree with me that when the price of the raw material is low, big oil ought to make money pretty much like they do when the raw material is more expensive?
Let's see..... Declining revenues, increasing expenses, losing more and more money year after year. Oh, and they got a recent order. ZZZZZZZZzzzzzzzzz. What does this have to do with curing cancers?
I disagree. But regardless, even poop floats on a rising tide. Invest with wisdom, and don't fear a better future... I can kind of see it!
Everybody should work where they feel valued and appreciated. Don't take jobs that steal your spirit. And don't spurn work that pays your bills.
Can I give you some advice? Hang up before you are hung out. Have a nice day.
What have you got to be ticked off about? I've been long almost two years now, buying several hundred shares at about 21 per, and then more last summer at 38 or so. I'm making great money here and see no downside to holding on for more good gains. This stock is one that I am least concerned with watching moment to moment. Just hold on and enjoy.
I'm not sure you see my point. The taxes are the same whether oil is relatively cheap or expensive at any moment in time. I just think that big oil could and should make a decent profit regardless of what the price of oil is today. Or tomorrow. In other words, I don't understand why the XOMs and the CVXs of the world stumble so badly when the wholesale price of their raw material falls. Faltering consumption (temporary, of course) would only seem to explain part of it....
.... unless the market tanks. 3D will be huge, and the PC ain't going anywhere soon.... Oh, and there will be plenty of gratuitous exposure on the dividing of the company, etc. The resulting interest in HP should not be underestimated. I'm glad I got in last week (and sorry if I am late to the party). Though earnings may have disappointed some, the smart got just what they were expecting, and the future is looking brighter with some significant cost-cutting measures.