I agree. You can't run a business based on stock values. Improve P&L and the stock will take care of itself. Difference between traders and investors.
I am sure if you were on a business trip and hurt yourself biking your employer would charter a C-17, pay for everything. I would like to see an accounting of what this fiasco cost the US tax payers.
Good luck AM getting banks and investors interested in your smoke and mirrors. He will implode.
They don't care about reserves. They are getting as much cash as possible to keep their people happy and for their departure when ISIS moves in.
Anyone that doesn't have some oil/gas in their portfolio is making a mistake. sooner rather than later their will be a disruption from mideast.
Saudi is trying to get as much oil out of the ground as fast as possible because they knows their time is limited with ISIS at their door step.
Unfortunately it doesn't when over 50% of population is on some govt program. That's why the current admn put Obamacare in place and has opened our boarders to immigrants.
Just a matter of time before there is a major oil interruption.