'Gator' pid='63880' datel Wrote:Citi starts with a buy and target price of $49.21. Nine brokerage buys (out of 9), average target price $56.71. High of $80 low of $45 and we sit in the school zone in the $30's.
Yeah. IOC is a discovery company that jettisoned its well construction and drilling crews and now can't seem to get anything right anymore. Two years sinse the "transformative deal" that now appears to be destined to change a silk purse into a sow's ear. Bad JuJu I tell you. And we wonder why we see price targets as they are? Never good to be in the position of investing in a company that works under a cloak of secrecy because the news it realeases when it has to is inevitably bad.
Anyone else still wonder what the company found at Wahoo after spilling $100 million?