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Seeking Alpha reality facts
#5
Obviously part of a coordinated short attack on the stock that has been taking advantage of the weak market, especially in oil and gas / E&P stocks. Anyone who really wants to understand the value of IOC and the opportunity it represents should read the detailed research reports produced by the professional energy analysts at Bernstein Research and Credit Suisse, with buy recommendations and initial targets of 71 and 90, which include little for exploration success, and triple-digit targets further out. This latest anonymous "article" is nothing but distorted short trash with a dishonest agenda to scare people and mislead investors and benefit from driving the stock lower. IMO it actually represents an even greater opportunity to buy the stock at grossly undervalued levels. In fact, the shorts are probably doing this to enable more covering by themselves at lower levels, with news on exploration results expected in upcoming weeks. They have already managed over time through their manipulation and the ups and downs of the stock to reduce reported short positions from over 14 million shares to less than 6 million shares.
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Messages In This Thread
Seeking Alpha reality facts - by jft310 - 10-11-2014, 01:22 AM
RE: Seeking Alpha reality facts - by trans - 10-11-2014, 01:53 AM
RE: Seeking Alpha reality facts - by ArtM72 - 10-11-2014, 01:56 AM
RE: Seeking Alpha reality facts - by jft310 - 10-11-2014, 01:57 AM
RE: Seeking Alpha reality facts - by CAC - 10-11-2014, 02:51 AM
RE: Seeking Alpha reality facts - by Getitrt2 - 10-11-2014, 02:10 AM
RE: Seeking Alpha reality facts - by Palm - 10-11-2014, 02:22 AM
RE: Seeking Alpha reality facts - by admin - 10-11-2014, 02:30 AM
RE: Seeking Alpha reality facts - by jft310 - 10-11-2014, 02:45 AM
RE: Seeking Alpha reality facts - by jft310 - 10-11-2014, 02:55 AM

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