Today's News/Stock Action

[Movieguy]

Thank you for your knowledgeable and sobering thoughts, TA. The facts certainly seem to be with you as here are the facts: 1. IOC is about to announce a deal with Exxon, the world's most successful corporation. This is not an "IOC claim," but a verified fact by Exxon itself. 2. IOC has hired an exceptional executive to be the new CEO. 3. The stock sits circa $68, basically unmoved on the day and off nearly 40% from weeks ago. Will the facts of an actual selldown, when it happens shortly, actually change things? We've always thought so, but will we be here in a few weeks explaining to each other that even though we've had the selldown announcement we still can't expect the stock to move much higher because of "such and such" reason, and the shorts are REALLY SCREWED when "such and such" happens. I hope not, but I, like TA and Admin, am very concerned.