'Palm' pid='54012' datel Wrote:Agree Croozer. My thought is that: 1. It's the start of a much larger liquidation (but seems that would have happened long before these basement prices) 2. It's a shot across the bow to management and others that this very supportive shareholder is very pissed 3. It's a small move that he knows will spark more selling and allow him (along with some others) to take control of IOC 4. It's a move by his portfolio mgr to lighten up on O&G 5. He needed some cash for ??? I'll say that I'm leaning toward the number which represents Ohio State's QB that was able to win their last 3 games. He was their #3 QB at the beginning of the year.
I wish, however what would we get for IOC now? One ADR of TOT for every share of IOC?

