Pre-tax lowered from $8B to $6B ----- the 25% takedown
Share price fall since: ~10%
Remainder of share price fall expected: 15% or $2.20 per share
Expected new share price level: $12.46
Only makes sense
And you thought Wall Street's bail out was the biggest abortion going ---- think again.
Obama and the Clueless Feds dumped $25B in Iraqi training recently and another $175B in "leave behind weaponry" ---all totally wasted........
That $200B in taxpayer monies could have been used to build stuff (roads, bridges, hospitals, schools) here in the US......
Total cost of our the US govt's total abortion in Iraq: $6.6 Trillion in US Taxpayer Dollars
This is why the federal govt needs a complete downsizing, house cleaning.............
yahoo doesn't respect, nor honor the 1st Amendment ---- they say it (the message board) is "their property and they can censor anything"
Incredible --- the Red Chinese are impressed with yahoo's behavior vis a vis censoring
One miscue and the big boys will unload --- 13s likely, 12s possible
Only in America or are we Red China??
What's up in this country these days?
Great news for America
The airport is already within shooting range of ISIS' weaponry --- and just how are we going to get our Embassy folks out of this airport???
I say let them shoot it out and kill one another off (like they have for centuries --- it's no longer an American problem, nor has it any relevancy to our interests here at home)...........
Why are we letting anyone in this country from West Africa when we know at least 5 countries there have rampant Ebola??
And now Obama wants to send our military down there?? (Has he lost his faculties????)
Glad I dumped close to 17..............will re-enter below 13 as the strong dollar impacts US exports, notably Ford
It's no wonder many believe Barbier is crooked. I too have my doubts about his integrity vis a vis his one sided rulings and wacky pronouncements.
One obvious problem I see with yahoo's editors is they have not one clue what matters with regard to volatility ---- with all the new trading products out there these days,the VIX, as an indicator, lost relevancy years ago.
Three OPEC producers (e.g Iran) just hit their pain thresholds once Brent printed 95'ish. It won't stay below 100 for long. Libya's production ramp up is the primary cause of Brent's dip below 100............OPEC will adjust its production very soon and prices will stabilize @ 100 for some time to come.
In the meantime, with Brent around 100 BP throws off $30-35B in cash annually --- that's why I'm a new long -- fat, secure dividend checks.