The question that I have is what is the rush for Exxon anyway? It is likely that they are the only interested party.. Why not just postpone this until mid-late spring when the licenses start expiring and ioc burns through more cash. Wouldn't that work in their benefit by putting pressure on IOC to accept the "deal" on their term?
And you speak as if you have seen the data? Do you know what they are going to present? just curious. Most people like you and me are the last to find out about bad news... so don't get too cocky.
No actually, I do think he meant this year.. But management has been so outright lying in the past several years that I couldn't help myself.. And "My" short case is simply based on the fact that if they are truly a lucrative investment, then ALL megasuperhumongo-majors would not be taking 7 years to at least ink a deal (I would have expected an outright purchase of the company) years ago. In addition, their management is shady at best if not swindlers. I just don't believe them.
First, I think you mean "moron", moron? Second, you don't get any facts but to be honest, It's fun to point out the illiteracy of people who claim their superiority.. Don't worry your deal is coming soon and you can get your 200 dollar price (I hope so, so I can actually short it).
Wait.. Thus far IOC has produced no gas (talked a lot of gas) and just has a refinery.. Thanks for confirming his remarks.
I think shorts gave up trying to make longs "think" anything. They are trying to make money just as you are but we are not married to the stock... I think "Dr" Hession said by the end of the year, I'll have to go back and check... He never mentioned WHICH year.. I was distracted by how many times he said 'my team" and "me" on the CC.
IOC longs give the concept of married to the stock is a whole new meaning. I think EVEN if they come out and say, we have no deal, the diehards here will say it was because there are ongoing negotiations with other superdupermegahumongo-majors which is coming... But to tell you the truth, even I, the most pessimistic one here believes that they will announce SOME kind of a deal... I hope... so I can buy puts galore/
Yes... Very thoughtful, informative answer. :) By the way,, that is "You're"... Not "Your"...It goes kind of like this,,, You Are (you're) an idiot... Your idiocy is grand.. Get it?
Yes... Jackbutt... Hence the comparison with Pioneer which actually HAS an exploration/production program ON the greatest reserves EVER and THEY trade at a PE of 300!!! Capiche?