'Petrovale' pid='26835' dateline='<a href="tel:1376067 Wrote:
Phil's gone and we have a new CEO who will speak Tuesday. Whining about what Phil did or did not do achieves nada .
The only people concerned are those with options. Others know IOC has the assets and maybe inspite of Phil's bumbling will get it done. Exxon is quite anxious to get this done. They have a process that made them Exxon and investors need to wait to get it right.
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JFT, investors expect the new CEO to put to rest the Phil legacy, and announce a deal imminently. To think that only options holders are concerned, is a misguided thought that you should eliminate from your mind. Nobody likes to watch dead money for more than two years. Sure, they will ultimately succeed. Movieguy is still expecting an answer to his question, I suppose.
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ALL timing info would be blessed by the CEO.The fact others talked about it means Phil told them what to say. Only 3 people at iOC know what's happening and WA was not one.
The new CEO first chance to talk is Tuesday . Lets give him a fair chance to scope out the situation and then report back to us.Isn't that how you would want to be treated....
As to the wait with the stock trading close to flat for several years the history of the markets shows all the returns come in short periods. The longer the base the higher the move from that base. I have used every dip to add. Recently added below $70 it's called active portfolio management which needs to be employed by others.Whinning doesn't make deals happen quicker , active Management allows one to make money as you wait. Try it,,