GREY:WONEF - Post by User
Comment by
haywoodjablomieon Nov 07, 2014 12:36pm
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Post# 23107162
RE:RE:Furious Selling Continues
RE:RE:Furious Selling Continues Wouldn't be the first time a company raised money and cut a divvy a few months later .
This financial guru attributes the selling to a combination of two factors :
- Widely held opinion that oil prices will tank to $9.95 a barrel thus wiping out all exploration and production spending .
- A calm , orderly rush to the exits before tax loss time on a stock that is already down over 30%