yes which is exactly why they must buy hard cash shares! and meaningful amounts too. not some token yahooBS of 1-2k shares. Needs to be 20k or more shares EACH.
Respectfully, Ultra, Saudis are in this "oil fight" over Russia / Iran.... not economics. Russians are helping Iran with nuke capabilities. Saudis dont much appreciate that. Saudis wont flinch first on this.
This means that this whole oil thing will normalize soon. Putin will quietly back away from Iran here in a little while. The end of the situation is months away at most. IMHO. Unless Putin really likes a gluten (sp?) for punishment.
Ya, IF (IF!!) they did that, it would have to be formalized and TC would have to pay a rental fee or something back to the Endako legal entity. Not a big deal but it's definitely not a "just do it" kind of thing. It's not a bad idea though.
He upped his target 300% since then to 1.50. I'll give credit for that. Even a broken clock is right 2x a day.
Opposite jack. Family buying and they're not would draw bad attention. There is nothing wrong with execs buying shares outside of blackout.
I'd agree. Hasn't been heard yet for tc. All that said, the only thing I'll believe is Perron Saxton others buying meaningful numbers (20k or more) of shares. The longer they don't, the less faith I have. Excluding blackouts obviously. They should be buying shares on their credit cards by now if they had too! And yet.... They're selling. Very worrisome.
You forgot: announce these desired objectives (if he can say internal goals of min $75-100 liquidity then he can say these internal desired goals!!!!!!!!) at cc4.
Deprec is noncash. No one talks about it much because it's mostly irrelevant at this point. But I get what you're getting at. On debt payoff, why can't they just give notice in sept that they plan to pay it off in dec. I would think tc wants to do it ASAP once that dec date is hit.
I responded this morning but don't see it up. Yahoo deleted? Anyway, Russia has no real direct interest in screwing with Saudi Arabia in that way. Russia has a millennia long history of xenophobia (somewhat justified I suppose but they should get over it... From Huns to Hitler). Which is why they are so "engaged" (lol) with the former bloc and bordering countries like Poland, etcetc. Russia uses those countries as no mans land so to speak before invading armies can reach Russia-- they are weakened. Russia is mucking around with Iran for various reasons. Saudis don't like that... Saudis want a "weak" Iran. The whole Shia-Sunni thing but I'm not an expert there. Anyway, once Russia gets back in line so to speak with Iran from Saudis view then this goes back to normal. Russia budget is built on $85 oil. Near $55 is a major hurt! Unsustainable. It won't be the oligarchs pressuring him (oligarchs don't have any real political power at all) but rather his own ego. He wants people fawning over him. Few will do that if living under a bridge eating rats.