09-30-2015, 12:29 AM
'jft310' pid='63091' datel Wrote:Puts is correct but that all changes next year . A payment next year of @ $2 Billion changes everything . UBS's work shows a stock price in the $90 with that size payment .
Jft - Good am to you. [ Please bear with me while I do a little more "wondering" ] . If UBS work shows $90 (even if the payment is a little less than 2 billion,) how would this thought sound to you : Since Shell just suffered a 7 billion dollar loss on their Artic venture ,they could buy IOC for 5 billion and change,and in 10 years or so they could re-coup their loss and be on their way to " better days" since the next cycle in oil and gas should be on the up-swing. Any credence to my "wondering" ?