'ebster123' pid='42977' datel Wrote:
'trans' pid='42971' dateline='<a href="tel:1399471 Wrote:Another short raid
Hi Trans, since I can not assess this myself, how do you assess this is a short raid vs. Bad news on the rise? Just wondering and thanks in advance!!
Here is where Hession's policy of opaque transparency fails stockholders like ourselves. Did the stock price drop because there is simply another short attack or because there are organizations with assets on the ground near the well sites getting information independently and making decisions accordingly?
All that talk about how bad the "former IOC" was, including the ludicrous "proof" by reference to the times Pet said 'I wish I knew this or that' at least we were far more certain that we had good, if not perfect, information made available in a timely manner. As they say, sunlight is the best disinfectant, and Lord knows there's a lot of rot and disease in markets today, especially American markets.
Here's a positive take which you can immediately flush. If you were James Marshal and found gold back in the 1840s at Sutter's Mill would you announce it to the world or keep it quiet? Has Hession already struck gold but for his reasons he is keeping it as quiet as possible? I wouldn't be invested in IOC if my knowlege of the wells and various geologic surveys was limited to what has been revealed over the past year or two. I certainly wouldn't buy if my information resources were limited to the information at SA, Fool and (ugh) the Zoo. Generalizing that view, there aren't many people buying, some selling and most folks just staying away from IOC.
The stock drifts lower, leaving us all to wonder what does Hession know, what is he doing and why?