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re: Are O&G stocks about to rise significantly?

Posted on 5/2/20 at 9:59 am to
Posted by bayoumuscle21
St. George
Member since Jan 2012
4645 posts
Posted on 5/2/20 at 9:59 am to
I’ll bookmark this and respond when I sell it at 40+ a share. Some of you guys have great input, and others are not nearly as smart as they think.
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 5/2/20 at 10:30 am to
quote:

I’ll bookmark this and respond when I sell it at 40+ a share. Some of you guys have great input, and others are not nearly as smart as they think.
Have you looked at oxy's balance sheet lately? And it was bad before this crisis, we'll see what earnings bring next week
Icahn needs to accelerate VH's exit.

If you've been paying attention they are taking some pretty drastic measures right now, which are necessary, but not a good sign nonetheless.

I'll give you that the upside is there, but it's nowhere near the "safer O&G".
This post was edited on 5/2/20 at 10:33 am
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 5/3/20 at 9:01 am to
quote:

I’ll bookmark this and respond when I sell it at 40+ a share. Some of you guys have great input, and others are not nearly as smart as they think.


State your case for why you see Oxy as a safe/good bet.
Posted by ragincajun03
Member since Nov 2007
21606 posts
Posted on 5/3/20 at 11:54 am to
quote:

I’ll bookmark this and respond when I sell it at 40+ a share.


Hopefully from your lips to God's ears.
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