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"Seems to me you attach waaay to much significance to short-term price swings, especially one as moderate as this one. Someone apparently unloaded a bit, yes, and a bit more than others loaded at the same time, but that's all."
this has been going on for months now....and its certainly not a short term swing...this stock is manipulated from A to Z and back. period
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05-12-2015, 06:15 AM
(This post was last modified: 05-12-2015, 06:19 AM by Getitrt2.)
(05-12-2015, 03:39 AM)sageo Wrote:
(05-12-2015, 03:08 AM)Optionray Wrote:
(05-12-2015, 02:35 AM)sageo Wrote:
(05-12-2015, 12:22 AM)Optionray Wrote:
Second time in two months I've seen this. Expect a bounce back after they unload going into tomorrow. Hopefully they miss out on an early surpise.
Hi there Ray - Some more of my "wondering" ..... Is orchestrated a little more fancy word for 'manipulated' ? With IOC stock,there seems to be an abundant amount of that going around.I don't expect much in the am to help the pps of our stock. Our guys aren't exactly "overpowering" us with "gobs" of good news. Sure hope I am surprised.
Yes, just spouted out the first word that came to mind. Can't believe I didn't recognize it until first thing this morning when there was significant unloading. I can't believe I fell for it again. I was already planning how I was going to retire early on that dividend from Exxon or Total  . I bet we don't hear much tomorrow either; however, I sure would like to hear an update on the progress of the pressure testing and maybe even hear a little something on Wahoo, that would be nice too.
Ray- Retiring "early" on anything ioc does really seems far away. Inspite of my overall optimism for our quality leases, I sure wish that we didn't have 4 idle rigs right now. With a few million dollars a month going "out the door" ,and no holes being punched anywhere,things can get a little "apprhensive". As I said earlier,sure hope I am surprised !
Sageo, I realize that you are correct in that there are apparently no drill bits turning as of today, and I don't want to argue over technicalities; but I think it's a little overstated to say we have 4 rigs "idle" right now, especially in a way that should cause you "apprehension". The only one that should be drilling right now is the problem rig at A4 which has almost completed its last job for IOC before disposal/retirement. The second High Arctic rig is not yet available for deployment in PNG yet. Three other rigs based on the latest information are currently being readied for restart or mobilized for spudding in the CURRENT QUARTER, in the next few weeks, specifically Rig 3 being readied for restart at Wahoo, and the efficient leased rig from A5 and first High Arctic rig being mobilized to Triceratops and A6. Beyond that they have Rig 2 available from Bobcat if needed and the second High Arctic rig on the way, with plans to spud Antelope South and Raptor 2 in the second half. It appears that there will soon be THREE drill bits turning at once, not counting the completion of A4, and a lot to be excited about on the near-term horizon, with the potentially HUGELY exciting Antelope South and Raptor 2 being planned and prepared for beyond that. If you really are "apprehensive" about the drilling per above, you may very well be in for being very positively "surprised"! Patience is a difficult and rare but required virtue in the stock market, not to mention in the E&p industry IOC is in.
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["this has been going on for months now....and its certainly not a short term swing...this stock is manipulated from A to Z and back. period"]
I didn't say there can't be any manipulation, there could be some algo running, if that falls under manipulation, but a concerted pumping effort in the weekend to unload this morning, no.
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'sageo' pid='57835' datel Wrote:
'Optionray' pid='57831' datel Wrote:
Second time in two months I've seen this. Expect a bounce back after they unload going into tomorrow. Hopefully they miss out on an early surpise.
Hi there Ray - Some more of my "wondering" ..... Is orchestrated a little more fancy word for 'manipulated' ? With IOC stock,there seems to be an abundant amount of that going around.I don't expect much in the am to help the pps of our stock. Our guys aren't exactly "overpowering" us with "gobs" of good news. Sure hope I am surprised.
If that's really the case, it must have been going on with almost every E&P company, since basically all were down today, many more than IOC. HA! Maybe it had something to do with oil and the market being down?
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'Getitrt2' pid='57856' datel Wrote:
'sageo' pid='57835' datel Wrote:
'Optionray' pid='57831' datel Wrote:
Second time in two months I've seen this. Expect a bounce back after they unload going into tomorrow. Hopefully they miss out on an early surpise.
Hi there Ray - Some more of my "wondering" ..... Is orchestrated a little more fancy word for 'manipulated' ? With IOC stock,there seems to be an abundant amount of that going around.I don't expect much in the am to help the pps of our stock. Our guys aren't exactly "overpowering" us with "gobs" of good news. Sure hope I am surprised.
If that's really the case, it must have been going on with almost every E&P company, since basically all were down today, many more than IOC. HA! Maybe it had something to do with oil and the market being down?
And it consistently seems to happen the day before the conference call. The key to stopping all of this is Hession can simply state that the initial flow test clearly shows all of the A-wells are in pressure communication with A5. This statement alone is worth $10/share in my opinion by validating IOC modeling and telling all of the shorts that these are not pockets of gas, but one large reservoir.
Good luck longs.
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05-12-2015, 11:10 AM
(This post was last modified: 05-12-2015, 11:13 AM by ArtM72.)
(05-12-2015, 08:59 AM)will2bgreat Wrote:
And it consistently seems to happen the day before the conference call. The key to stopping all of this is Hession can simply state that the initial flow test clearly shows all of the A-wells are in pressure communication with A5. This statement alone is worth $10/share in my opinion by validating IOC modeling and telling all of the shorts that these are not pockets of gas, but one large reservoir.
Good luck longs.
I'll take the "Good luck" but argue with the suggestion that continuity between wells is worth $10/share. The entire Eastern Papuan Basin is comprised of sedimentary rocks with fractured carbonate deposits hundreds and in some areas over a thousand meters thick. Extensive seismic mapping has been done in the Antelope discovery. There is no question given the underlying geology Antelope wells are connected. Anybody making trading decisions on Antelope geology has already recognized that fact. This leaves the source of new investment being organizations dealing in more fungible mediums than geologic information. I suspect the next share price movement to be generated by investment analysts who can covert TCF into dollars using the Total PSA translator.
The wild card of course is the organization with petrogeologic expertise interested in acquiring the whole of IOC. The moderating influence is the CEO whose stock bonuses are based on dollars, not shares, thereby providing an incentive to keep the cap on share prices as long as possible (neglecting for a minute his parachute fabricated from threads spun with the finest gold)
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'freddiekingman' pid='57850' datel Wrote:"Seems to me you attach waaay to much significance to short-term price swings, especially one as moderate as this one. Someone apparently unloaded a bit, yes, and a bit more than others loaded at the same time, but that's all." this has been going on for months now....and its certainly not a short term swing...this stock is manipulated from A to Z and back. period
Freddie- Good am ! Would you say we have a little more of the old"now you see it,now you don't" manipulating going on this am ? Sure appears so . Probably on the potential "pushback" of our billion or so of "scratch" ! Typical of our situation .....waiting seems to always get extnded. Good fortune to you and yours.
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05-14-2015, 02:01 AM
(This post was last modified: 05-14-2015, 02:03 AM by freddiekingman.)
(05-13-2015, 12:22 AM)sageo Wrote:
(05-12-2015, 05:37 AM)freddiekingman Wrote: "Seems to me you attach waaay to much significance to short-term price swings, especially one as moderate as this one. Someone apparently unloaded a bit, yes, and a bit more than others loaded at the same time, but that's all." this has been going on for months now....and its certainly not a short term swing...this stock is manipulated from A to Z and back. period
Freddie- Good am ! Would you say we have a little more of the old"now you see it,now you don't" manipulating going on this am ? Sure appears so . Probably on the potential "pushback" of our billion or so of "scratch" ! Typical of our situation .....waiting seems to always get extnded. Good fortune to you and yours.
Sageo..good day to you...I really hope you enjoyed yesterday's cc as I did...
as for now we are down +3% on great news...hmmm..algo trading .....
but I don't panic ..believe in the asset even more, because it seems we will have more !
it's about time this stock will be trading in the 70-80 range again..
best to you and your entire big family !
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Are the MM's trying to pin IOC's stock price at $50 for options expiration ?
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'freddiekingman' pid='57993' datel Wrote:
'sageo' pid='57918' datel Wrote:
'freddiekingman' pid='57850' datel Wrote:"Seems to me you attach waaay to much significance to short-term price swings, especially one as moderate as this one. Someone apparently unloaded a bit, yes, and a bit more than others loaded at the same time, but that's all." this has been going on for months now....and its certainly not a short term swing...this stock is manipulated from A to Z and back. period
Freddie- Good am ! Would you say we have a little more of the old"now you see it,now you don't" manipulating going on this am ? Sure appears so . Probably on the potential "pushback" of our billion or so of "scratch" ! Typical of our situation .....waiting seems to always get extnded. Good fortune to you and yours.
Sageo..good day to you...I really hope you enjoyed yesterday's cc as I did...
as for now we are down +3% on great news...hmmm..algo trading .....
but I don't panic ..believe in the asset even more, because it seems we will have more !
it's about time this stock will be trading in the 70-80 range again..
best to you and your entire big family !
Freddie -I did appreciate yesterday's cc ..... thank you. I like your "70-80 range" thinking. [ ...just have to wait a while longer while some BIG egoes get massaged !! ] . I can't remember which one of our fine longs said it,but they commented on the upcoming " get together" in Houston in June -"Rex, would you please pass the sugar" . Gotta' luv some of our great "brain-i-acks" on this board. Ha,ha.
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