12-07-2013, 09:38 AM
The only way to get fair value it seems is to recognize IOC has the money to drill and has the resource to build an LNG plant. Hold and it will come.
While I don't know anything, my bet is that computer algorithms took over and sold out just about everything they controlled. Certainly the present value of the TOT contract alone exceeds the market value of IOC as we sit here tonight. Absolutely nonsense.
While I don't know anything, my bet is that computer algorithms took over and sold out just about everything they controlled. Certainly the present value of the TOT contract alone exceeds the market value of IOC as we sit here tonight. Absolutely nonsense.

