RE:RE:Oil companies vs CVXWell said prospector All I am saying is, these prices are NOT its true value and just like WCP CPG and many other oil companies that have lost 90-95% of their value, then rose to highs of few 1000%, it will rise to more proper evaluation when the time comes. So all these cheap prices are a SCREAMING BUY for CVX if you invest long term. When the CEO comes out and says the stock price will be much higher by year end, he didn't just say it because it's a wishful thinking. He said it because 1) They have a game plan with market makers that will come in play and 2) They look at their own fundementals of the company such as contracts that are about to be signed. Contracts under discussions or contracts that are guaranteed to be done this year and so on ...Why did the institutions and CVX did the PP at .65c with a strike price of .81c? Certainly not because it felt right at .65c !! Be patient and pick your point of entry