RE:RE:RE:this stock is bullshitJoeknowsjack wrote: When oil was trading in the low 40's ....i believe reading somewhere that cos was losing 6 bucks a barrel.....why produce if your losing money?........so the company has a hiccup over the weekend slowing production......now due to a lower world oil supply hopefully we would see a recovery in oil prices.....we're seeing that recovery yet cos stock price continues to drop.....were offline for a few weeks.....lost production is insured......dividend?....5 cents.....so if it gets canceled who cares?
One thing you need to remember is that the large players manipulate the SP. Emotions, manipulations, NR, hope, greed all drive the SP up or down too...
This will see $6.25 or lower in the next couple of days...