06-22-2012, 12:28 AM
Art,
You make a good point and raise an interesting question.
Which will come first: T-2 test results on the lower chamber or the deal(s) announcement with government approval?
There'll be an earnings CC in mid-August, just about the earliest time we're likely to get a deal(s) announcement. There may be a lot to discuss at that time.
I don't think anybody posting here is "betting against" IOC in the near term. There may be some short-term trading going on, however, by at least someone I know, who sold some yesterday and re-purchased and added today.
VS
You make a good point and raise an interesting question.
Which will come first: T-2 test results on the lower chamber or the deal(s) announcement with government approval?
There'll be an earnings CC in mid-August, just about the earliest time we're likely to get a deal(s) announcement. There may be a lot to discuss at that time.
I don't think anybody posting here is "betting against" IOC in the near term. There may be some short-term trading going on, however, by at least someone I know, who sold some yesterday and re-purchased and added today.
VS