Prediction for OBEIf President Trump follows through on hitting Canada with tariffs OBE goes to $4.00 US. until they kiss his you know what. OBE is dead money for years as once Trump gets what he wants and removes tariffs he will seek to drive the price of oil down to get relief on inflation for the balance of his term in office. By then the bull stock market will have run its course further depressing OBE's price. Moreover, all of this time more and more EV's will be coming on the road in China and around the globe further depressing oil demand.
John Bond does nothing but put a positive spin on everything the failed CEO of OBE does. He is either a paid hack or someone who knows nothing about making money in investing and is in denial of his poor investment decisions. I made money in OBE but it was due to my taking considerable risk at the time when it was on the verge of going under. The CEO did an outstaning job in saving the company but ,having never been a CEO before,he has failed to create any shareholder value over the last 4 years. His projections are consistently not met thus destroying the good credibility with investors that he created while saving the company. People who read and believe Bond's posts are living in the world of hope and not reality. The CEO is sucking up a large compensation package that he created while investors don't get any dividend and have a stock that has lost 4% in the last 3 years. Then there is the investor issue of lost opportunity cost which Bond never mentions. We have been in a raging bull market the last couple of yrears. Just picture the lost opportunity cost of having the investmemt you put into OBE into say one of the Mag 7 stocks or hundreds of other companies that have had tremendous gains the last couple of years.
Obe is still a penny stock if you apply the reverse split to its price after 5 years of this failed CEO's tenure. That my friends are the facts and the truth.