RE:Wow Great Earnings Report Beat on all Sides! Very Very Happystojko1966 wrote: Wow Great Report and with oil higher in the next 6 Months I expect stock price will be much much higher in the next 6 Months Feel sorry for the people that were shorting and I warned these people. I have been trading oil stocks for over 20 years!!!
How exactly is a 41 cent loss a beat exactly? I was seeing numbers around 20 cents loss estimates. They are still bleeding money, hedges and 50 oil cannot get them positive cash flow even though they claim 35 is break even.