Thu, Jan 29, 2015, 11:57 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Occidental Petroleum Corporation Message Board

srogers563 2 posts  |  Last Activity: Nov 20, 2014 5:37 PM Member since: Feb 24, 2010
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    They only met eps .. Not impressive

    by hitman4gk Nov 20, 2014 10:14 AM
    srogers563 srogers563 Nov 20, 2014 5:37 PM Flag

    My apologies. Your are correct. Should have said they need to beat sales growth estimates by more than 10%. Anyway, do agree it is a spec and with that in mind agree it makes sense to buy lower for a trade. I'd like to see it hold $42 for a few days before pulling the trigger. I'd rather be buying with it running up than trying to catch it breaking down thru $42.

  • Reply to

    They only met eps .. Not impressive

    by hitman4gk Nov 20, 2014 10:14 AM
    srogers563 srogers563 Nov 20, 2014 11:07 AM Flag

    Need a lot more than 10% sales growth for stock not to get hit. As many indicate here, it is a trading stock. Next buy probably lower if close below $46.50 or so. Nothing wrong with buying partial trade here, but think you'll want powder for shot around $42. Longer term is very hard to call given the valuation.

OXY
78.31+1.81(+2.37%)Jan 29 4:01 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Core Laboratories NV
NYSEThu, Jan 29, 2015 4:00 PM EST
QUALCOMM Incorporated
NASDAQThu, Jan 29, 2015 4:00 PM EST