RE:RE:RE:Earnings Friday May 6 Before Market OpenEarnings will be flat and uneventful IMO. The company is not forward thinking, and needs to divest the green energy scams like SU did. This stock will float around in the 50s until they reduce their debt considerably or make meaningful acquisitions. 50s is where it will hang out for the next year, especially after ex div.
ol_griz wrote: That has certainly been my experience over the last six months with my O & G and those I follow. Just look at the ridiculous lack of confidence when the crude price vacillates between $105 and $100. People out of their minds when it rises to $90 and disappointed when it falls to $100? Nuts! From that perspective it's stupid when the price goes up at all on earnings. FiddyFiddyOddzz wrote:
"IF", and that's a big "IF", past performance is any indication, decent earnings ( how can they be anything but decent ) on Friday could bump the share price up a buck or a buck fiddy, followed by a two or two fiddy drop in the following days.