This pretty much flattens everyone portfolio of gains for the year at a time of market new highs anybody with a balanced portfolio is now flat in 2014. Sad.
Russia just has to send a few shells over to Ukraine and Oil will rise back to $100 overnight. Very possible they do that.
People like to talk about the stock not all the political #$%$. Political talk is useless you have zero control. Volunteer your time and stay off this site please.
Also, noticed Kmart and Sears has no stock. I think they had a pallet with one of each type of TV's on the floor. They appear to have half the inventory they used to have. Pretty dead in the store.
It won't be here long.
The services they perform will occur weather OIL is $60 or $2000. in fact they do better in services when there are not cuts in the distribution. Oil has seen a 50% capitulation in rice. With China lowered rates and U.S Consumers going crazy. I see all these stocks running back as fast as the elevator ride down. I'm sure wall street makes money on these short days. Its a shame traders can't enjoy the holidays anymore and most trading firms now stock full staffs for days like today..
While you were out shopping to save $10.00 your portfolio was whacked in a short session.
So I'm thinking this will be back down to $21.
Time to Get Long Oil Now..
That's the deal.....
Some of those firms the Class Action lawyers were talking about last week that wanted to buy BHI for $98. Well now they can just buy HAL for $60 and own both firms and the deal. I expect another firm to come in with an offer over the weekend.
A ton of big players felt they were not offered the BHI deal. Now they can get both... Just to much risk to be short here.
You make the play on Hal you get the BHI Deal in the offer since the contract is now part of HAL.. Be a ton of wounds licking come Monday
For one of the players who feel they lost out on the BHI Deal. For $60.00 they could own both HAL and BHI. Under 100 billion market caps is small change in these markets
A Gift Hal and BHI at these levels.
Plus they must get customers portfolios looking cheery for Xmas.
Fund managers look for value plays. OIL is at its lows for maybe the next 100 years. This is the best black Friday deal ever.
I picked up 200 shares today for all my retirement accounts. Great Deal.
Plus pay a 3% Dividend... Great Deal Today. I'm Happy.
bought a little here today in my retirement portfolio. Oil can't e own forever on all the consumer spending and demand. Demand will be just greater in time. Great deal today.