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Ask Chandler to vote and you will have your answer.
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Chandler bought in the $90 no cheap buyout
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I notice that Movieguy didn't vote in his own poll.
I didn't either because it is a fruitless effort as we have already experienced many times in the past.
Our time would be better spent discussing facts and the technical details of IOC and the deal as we think we know it, IMHO.
Wishing and hoping for a knight on a white horse bearing treasures does not make for realistic expectations. We have been there and done that. Tis time to reset expectations.
My expectations are that we have seen the bottom and will continue to recover. The recovery in pps will require good PR on a regular basis as there are things to report. There are many positive events in IOC's future including reports on the drilling, some of which I expect to be quite positive.
If you turn the IOC chart upside down, you will see that we had a significant Parabolic Move in early December 2013. Parabolic Moves eventually blow themselves out, usually quickly, and I believe IOC's PM has blown itself out.
IOC is not the same company now since the deal was made with Total, as has been recently discussed here. It will no longer be the Easy-To-Manipulate-Company it has been in the past, once the unknowns are made known. Those unknowns will be made known in the next year on a fairly regular basis beginning this month and this quarter. As the unknowns become known, more buyers will enter IOC and build their positions. Ready buyers will make it much more difficult to easily drive the pps down.
I am adding to my positions since the big blow out and will continue to add at these attractive prices.
Let's try not to build expectations beyond what is realistic now that we have a mostly known deal to build upon.
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Kommon, I was the first to vote in the poll and voted in the $125 - 150 response. Perhaps you should be more diligent in what you "notice."
With the huge amount of takeover talk both in the media and on this board, from numerous people on both sides of the bull/bear spectrum, I thought it would be useful for SHU to learn what its knowledgeable members think is the minimum price for such a takeover bid to succeed. It may or may not happen, but certainly seems a very reasonable possibility. This seems like useful information for anyone with a position, or contemplating a change in position, with regard to the stock would like to have. Based on the considerable response to the poll, it seems that many agree. I thank those who voted (and will vote) for sharing their opinions.
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Thanks Movieguy. Someone get Chandler and Total/Woodside on the phone and let's make a deal!
