04-29-2013, 11:51 AM
'CAC' pid='21637' datel Wrote:
'jft310' pid='21636' dateline='<a href="tel:1367196 Wrote:I do not believe for one second the major IOC shareholders want to sell the entire company at this time. I also believe there are a lot of smaller retail investors that want the BIG POP. I do believe the entire company will be sold just not now. I think Phil stepped down because of control issues he wanted to be in charge. I think small retail investors should be quite happy with a Super Major and a $50-100 per share advance in IOC's stock price. I recommend one wait for the inevitable sell out of all of IOC. To each his own.***************
Jft...I think this is also a plausible forecast. Under neither my "guess'' ,nor your theory, does Phil's statement make much sense. Sorry, Tree.
While I wait for the Monday PNG papers - last night I woke up with the thought that the interview Phil gave was planned by him to keep the shorts from loading up on calls on Friday - and that therefore the deal will be announced in a few hours.