10-08-2014, 12:14 PM
'Palm' pid='50593' dateline='<a href="tel:1412730 Wrote:Sure but IOC is not a company invested in to track its industry index. The reason we are tracking the XOP is that there is nothing coming out of the company to differentiate it from its peer universe. As I have stated to several people, I'm good with LT prospects of the company; just expected much more out of PPS since signing the deal. From Jan 1 I think most expected more than tracking the index. Aren't there O&G companies far outperforming the index YTD? Of course and those are companies executing the plans they laid out. That's what's been expected of this new superstar management team. A team that has yet to buy shares of the company they run.
If Managment does not buy shares in its own company showing good faith in it why should anyone else? Possibly they can not because they are tightly holding on to material information but I have a hard time imagining that such information could remain capped for this long and not reach the marketplace...time will tell