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Price Movement? - Kaliboo - 05-04-2016

Anyone know why IOC is down 10% between yesterday close and this morning?  Other oil & gas stocks are not doing this.




RE: Price Movement? - freddiekingman - 05-04-2016

(05-04-2016, 12:09 AM)Kaliboo Wrote:

Anyone know why IOC is down 10% between yesterday close and this morning?  Other oil & gas stocks are not doing this.



I would divorce too from a wife that doesnt speak...


RE: Price Movement? - petrengr1 - 05-04-2016

'Kaliboo' pid='68739' datel Wrote:

Anyone know why IOC is down 10% between yesterday close and this morning?  Other oil & gas stocks are not doing this.

I don't like this price action any better than you do but you must be using the wrong closing price for yesterday. We are down about 3.5% at the moment, the broader market is down and all of the oil stocks that I follow are all down today.

Best of luck.




RE: Price Movement? - katytrader - 05-04-2016

'petrengr1' pid='68741' datel Wrote:

'Kaliboo' pid='68739' datel Wrote:

Anyone know why IOC is down 10% between yesterday close and this morning?  Other oil & gas stocks are not doing this.

I don't like this price action any better than you do but you must be using the wrong closing price for yesterday. We are down about 3.5% at the moment, the broader market is down and all of the oil stocks that I follow are all down today.

Best of luck.

Yesterday's and to a lesser extent today's price action probably due to leak, ahem, advanced word, of Mulacek's latest SEC filing.  Seems like Phil wants to tell InterOil how to run special meeting and InterOil isn't going along.




RE: Price Movement? - Kaliboo - 05-04-2016

'petrengr1' pid='68741' dateline='<a href="tel:1462284 Wrote:

'Kaliboo' pid='68739' dateline='<a href="tel:1462284 Wrote:

Anyone know why IOC is down 10% between yesterday close and this morning?  Other oil & gas stocks are not doing this.

I don't like this price action any better than you do but you must be using the wrong closing price for yesterday. We are down about 3.5% at the moment, the broader market is down and all of the oil stocks that I follow are all down today.

Best of luck.

. Monday the stock was down 6+% from Friday's close.  Today we're down 3+% from Monday's close.  That where the 10% comes from.  As far as closing prices go, we peaked on April 27 at 33.97.  So at this very moment we are about 9% down from that peak.