RE:RE:Oil up, results out and this is red...Nice reversal after all the 'sell the news' investors left. So glad I didn't sell yesterday and then again almost this morning after the earnings release. Still not happy about the lack lustre dividend they announced but cest la vie.
Anschutz wrote: Looks like investors and funds were holding out to this morning for the earnings release. No increase to dividends and a pittance of a special dividend clearly are not enticing enough to stick around. Especially when there are friggin GICs paying more than 4%. Going to be a rough day and rest of the week. GLTA.
mbuch wrote: Hmmm
Markets sure don't like whats going on.
Was hoping for a better pop in price to exit, but this may be all I get.