the company goes back to the crapper.
rig mgmt. too weak to fight Icahn. basically he just robbed their piggy bank. in any other setting, this would be called a mit Romney play. (anything Icahn is actually just another version of mit romneys biz plan)
im not short, but am looking at XOM for a short. 1) company is not growing 2) company overprices 3) motleyfoolz pumping 4) china is chasing the bitcoin not oil 5) there is no reason for anyone young to buy these oldboy stocks, they will get free shares when granny dies.
didnt believe in his own targets,,,,,,congrats to longs who made money unlike the papertraders
uh,, our govt is broke which means they cant buy oil for the spro, on top of we have a glut of oil at the same time the electric car is gaining ground.------oil co have seen their peak in profits which means they have to slow down on service companies and eventually lay off people for profit. gasoline is already under $3 in houston,,,,,,,,,on its way to $2.25 (tsla is installing free charging stations along the highways)
he talked about having oil well in the back yard,,,,,,,he bought a tsla because its the future.
our govt is broke and cant keep paying too much for the SPRO.........lol
because the term default means not payable,,,,every tbill would be reduced in value. i think the only solution now is to offer a land swap with china for our debt. i purpose we offer china the 'thumb', part of usa,, the upper northeast states. california is also an option. canada is too poor to buy our land,, and the chinese have first dibs anyway. imagine waking up in boston 1 day and finding out you now live in new west china lol,,,,, and the chinese want to evict you- its no big deal really,, after all we bought alaska and the lousianna purchase from other countries,, so now its our turn to sell something.
avav $22 is a screaming buy because of their electric meters needed to power all of the electric cars to flood the markets soon. you can figure 2 meters for every car sold...........1 at home,,,,,,,and 1 at work/sbux/restaurant,dentist office.
but if you look at the dd,,,,,,,,only the Capesize ships are making a killing,,,,everyone else is nearly starving to death. these momo's work great in a bull market,, but in a bear market most of the bulls would be bankrupt about now.
the funny thing is FREE and other handysize ships have NOT gained ANYTHING ytd on the bdi dayrate.
capesize +300% & panamax ships +50% rise in day rates since jan, supersize+ handysize 0%!- per live quotes
i live in a taxfree world,,,,,,,,,,so the debt bubble is more your problem than mine. (most of the wealthy also live in a near taxfree world too-----------its all about the loopholes and planning ahead. 48 and loving it!