I said MAY because I do not know...what I offer as an OPINION is more than that inane dribble you spread all over the board daily without really saying anything of value.
How are you getting long term when the $35 drop occurred within 8 weeks? FIVE YEARS ago, oil was at $32....remember that? and later that year, up over 140% to end the year at $78....remember that????
You understand very little of what is happen, except what you get fed by the media outlets. This little blip will all be over by OCT 2015 and oil will have risen back to $100. Good thing only a few realize this. They will be the huge winners and herd followers like you will be scratching holes on your craniums.with the pennies you make from shorting oil.
SP depreciation on this stock may even negate the 4.3% div. By the end of 2015, price may barely break $$50.
If market corrects substantially, you are looking at $43-45.
VZ Competitors are having a definite affect on VZs bottom line. If VZ doesnt respond with lower prices, more business will be lost. My son has Tmobile, and he told me he pays $79.12/mo for Unlimited talk, text AND Data!! I pay $127.86/mo for Unlimited talk, text and 8 GB of data!! Really, is it that much better??? VZ coverage may be the best, but that gap is narrowing more and more everyday. At some point, they WILL be forced to make changes. GL
another newbie stumbles their way onto the board....in case you havent heard, the stock market prices 12-18 months out....the price you see now takes into consideration ALL of 2015 and beginning of 2016...stop playing with stocks or you will get burned...many here already have this all figured out and they will be the ones who will get burned the worst. Pick up a book and start your education or you will learn the hard way by losing money.
You have had 3 HOURS to provide just one link, and yet, nothing to back up your statement. This board is overrun by morons, idiots and imbeciles....LOL
couple things......in your original post, you said NOTHING about 52 week lows. Plus, those drillers are well on their way to 52 week lows. The biggest fact you overlooked is that SDRL has slid 50% in just 2 months, where RIG is down about 31% in the same time period. I rest on the facts.
People are getting on this board, spouting their own agenda and opinions WITHOUT any regard for reason or truth. pathetic. OPEN your mind and eyes and go look at the other drillers....they are ALL going down. savant?? LMAO, more like a fool.
NAME the MANY drillers that have gone bankrupt in previous downturns??? If not, shut your pie hole
Congrats, bought some at $47 last May and $51 on the last pullback. $60 will be here soon, By year end.....meanwhile, that imbecile appletonrocks keeps looking more and more like the fool he is. Either a disgruntled employee or simply is a hate spreader.
Silver is going below $12. Gold Will break $1000 down to 880
Good or bad, RIG has always reported after hours. That is the schedule they follow. Deal with it.
If YOU are here, this is DEFINITELY the bottom. Buying more!! You are a disease that flits from board to board giving your infested views about how everything is overpriced. Get a life you loser.