08-16-2013, 11:06 PM
The problem is that uncertainty is never good for a stock and this is certainly true for IOC. Company should clarify.
As Exxon had said major terms were agreed to, if the exclusive negotiations are over beacuase they could not work out a deal everything is pure speculation. Can spin positive and spin negative.
Point being, uncertainy will crush share value until some clarity is back. IOC needs to speak. I know they cannot say certain things. I cannot believe they cannot say something.

