Stock Action for Y/E Report and CC

[Getitrt2]

New oil price lows and shorting pushing IOC down this morning, with short covering and buying pushing it up this afternoon ahead of Y/E report and conference call tomorrow morning??  Monthly and quarterly options and futures expirations (triple-witch) end of this week.  Trans, et. al.?

[Stavros]

Shorts sold high and haven't yet covered
Richard Chandler bought high and sold low
I bought high and didn't sell
Michael Hession doesn't buy at all.
I guess the Shorts made the best decision; Michael Hession made the second best decision.

Not funny

[Putncalls]

Only 6 hour until the CC and no report?

[sageo]

Shorts sold high and haven't yet covered Richard Chandler bought high and sold low I bought high and didn't sell Michael Hession doesn't buy at all. I guess the Shorts made the best decision; Michael Hession made the second best decision. Not funny

Stavros- I am now willing to compliment MH. As I study page 24 of the latest presentation, I believe he MAY have made a very "good" decision when he drew up the contract the way he did. Tcfs are looking awesome so far.

[ArtM72]

Stavros- I am now willing to compliment MH. As I study page 24 of the latest presentation, I believe he MAY have made a very "good" decision when he drew up the contract the way he did. Tcfs are looking awesome so far.

I would add that Hession's comments that A5 was the first well entirely done by the new team (Hession voicing kudos to Captain (David) Kirk) and the A4 rig is going to be shut down and likely never used again are more than welcome.  Also, his statement that the new rigs coming into country are all the same design hence the entire drilling program will be significantly more efficient is another sign of competance.

[Putncalls]

Captain David Kirk may cheat fate's final outcome yet again. Those A5 results sounded great AND MH put some nice color on A4. I don't think we will have to wait very long for color on the Total certification payment.

[Stavros]

Who's dumping a million shares today?
Someone is desperate for cash ASAP.
It seems to me, from what I know, that RC made another bad Oil bet with MARGIN over the past 4 weeks and got called again.
If I'm correct, then the sooner IOC gets rid of him as a shareholder the better for all of us.

[Getitrt2]

Shorts sold high and haven't yet covered Richard Chandler bought high and sold low I bought high and didn't sell Michael Hession doesn't buy at all. I guess the Shorts made the best decision; Michael Hession made the second best decision. Not funny

Wrong.  14 million short shares at the highs are now down to about 3.5 million, i.e. most have covered.

If you see little good in results and the outlook, you should move on.  I wish you would, for what little it's worth.

[Palm]

So good time to scoop shares he is throwing overboard

[jft310]

I bet it's a margin call for RC . No way to know . Billionaires have different reasons than others for selling.