RE:RE:RE:Are we expecting a pullback soon?
I have a significant investment in COS and am simply stating the FACTS. If you are so sensative and stupid to the fact that management is way to layed back and needs to get be a bit more intelligent i cant help you. I guess the reason all the analysts are so down on COS is because the management has been doing a great job explaining why they are doing things and demonstrating superior management skills, however that is not what is happening.
I have a problem paying interest on over a billion dollars and carrying the same amount of money on the balance sheet, so maybe I am wrong, but i really dont think so... I am sure that i would not do that on a personnel basis.
COS is a lot simpler company to understand then many, one major asset, no exploration risk, their entire business is really around the capital management for the share holders of COS. All the operational expertise has been outsourced t Exxon. So if all you do is capital management maybe you should do a good job of capital management? and Maybe you should do a good job of investors relations and maybe the Analysts should be your friends and have the same enthusiam as the people on this board. The fact is that the company is not well understood? Maybe you want to tell me again to take my investment and walk, but dispite my displeasure with the current management I can not find a pure play in oil that i believe has the same potential and is simple enough without exploration risk that i can understand. So you stuck with me so suck it up Butter Cup.