RE: Reality CheckOIlman;
Not sure I'd bother. In reading a few reports since the bomb was dropped, it appears the street has been disappointed a few times in recent past.
I'd expect mgmt to be putting the most + spin on this, akin to putting lipstick on a pig.
As a result, I would trust what the charts tell me more than mgmt, looking at buying interest, or conversely, the further extent of selling. That will tell me more than what mgmt can ever say.
Put another way, in all the AGM's I've attended, I have heard mgmt apologize to shareholders only once in the past. And it wasn't a token apology, but a sincere one. Mgmt usually, in my experience is more interested in passing the buck/making excuses. I would read any mgmt spin as pure entertainment only.
Sorry for the cynicism.......hence, I'm still waiting. For what, I'm still not sure, but it's on my watch list.