12-02-2012, 11:44 PM
One lingering question I've had for a good while is why hasn't Goldman, one of our larger holders of IOC ever comment, mention, or recommend IOC. I can think of only one thing, and I'd sure like to know for sure. I believe they're our largest market maker, and as such I'm concerned they are one of the largest traders of our stock. It follows that it may be more profitable to trade IOC constantly, rather than recommend the stock to their clients. I'm very concerned about this, and the above article points in that direction. fwiw
Funny also, Cramer who has close goldman ties imo, recommended recently (the street, his shop also) that investors "sell" IOC. That's unusual, because he generally avoids comment on IOC when asked. Maybe this is where the stock to short at ioc is coming from?
Funny also, Cramer who has close goldman ties imo, recommended recently (the street, his shop also) that investors "sell" IOC. That's unusual, because he generally avoids comment on IOC when asked. Maybe this is where the stock to short at ioc is coming from?