To discourage others from making risky investment based on blind optimism only. There's nothing personal. I try to be active on other chinese stock boards to since I believe that chinese do not deserve our money
The current oil price slump is driven by traders. They completely ignore geopolitical risks. Nigeria, Algeria, Libya ... Does anyone consider these countries as safe and stable? Or Iran, Iraq, Russia, ... It takes just one turmoil and oil price will jump instantly.
Exactly my thoughts! I don't see any other reason for these morons with towels around their heads to repeat their claims, but to manipulate market. Every time I see them in news, I'm subconsciously looking for a weapon ...
Don't you think, there's a reason for chinese micro caps to be valued as they are? Like there was no long term assets and like the books were completely cooked. It was proved so many times that market is right when it discounts chinese micro caps.
Just look at the history of AOBI. It traded for 10 % of book value once. The message board was full of people like you. Then CEO invited external auditor who stated that book valuation is "not appropriate" and as a result, a company has pi??ed off its shareholders once for all. Instead of $6 per share (book value), they should have received $0.50 per share. The point of the story is the money has never come.
By the way, tell me how can any alliance help improve sales? I would understand it could help to cut some costs through synergies, but improve sales? Will they force chinese to be ill longer or more often? I looks like a desperate move to me.
I really wish you to be successful with TPI shares, but I think you're more daydreaming then investing.
Because a dude at goldman sachs returned from his mission to Mars and downgraded SDRL today. Roughly a month late
Given the long and painful process the stock went through from $40 to $10, a small push from $10 to $12 is really just a minor correction. If you're in long-term, it's a non-event for you. If you're not, than be careful because in the recent days the stock had some similar actions but always failed to keep the gains till the close. Hopefully, this time we get some more :-)
As for TLM ...
"Under the terms of the deal, Talisman shareholders were being offered $8 per share, representing a 24% premium over the average share price of the last three months."
A 24% premium over average SDRL share price of the last three months would be much higher than $14
I hope I'm wrong, but it seems like your timing was bad as we go slowly back below $11 ...
Have you ever thought about the possibility that your silly and irrational posts could actually encourage shorts or discourage longs from buying or even holding the stock? Reading your "thoughts", one can easily say to himself "well, if that loony called ivodirect is a typical long representative, the stock is doomed"
They reiterate this every single day and every single day we get 3-5 % slump. This is irrational and I think oil price will recover sooner or later. I bet sooner.
CMFO? Not that much. I lost much more with AOBI - another chinese fraud.
The funny thing is that I had some pretty gains from SDTH and CCME - chinese frauds as well, but I managed to sell before they were exposed.
Ignore this man and post. Don't buy chinese rubbish. Chinese has already proved so many times that they don't care about shareholders, books are cooked, corporate standard terrible, communication almost non-existing ... Terrible country to invest in!
Well, do you think that US wants to punish Norway as well? ;-) Norway also suffers from low oil prices. Feel free to google it out.
If there is a "coincidence" as you say, than it's just the simple fact that oil is usually found in obscure countries ruled by weird dictators or communists.
I highly appreciate when someone share his knowledge or even opinion if it is based on evidence or at least some public news. It doesn't necessarily matter if the sentiment is optimistic or pessimistic ...
But I don't understand why people post rubbish like "8$ for SDRL is fair ugly". What is it good for? Does it make your life better? Why do you waste your and other people's time? Shame on you!