Back to normal Oxy team! Expect new leadership to create a new initiative with all the cute buzz words.
10 replies (most recent on top)
The only move that will be made is that Oxy will be acquired and non core pieces sold off by the buyer and people laid off.
@de I would love for the violence in the ME to stop. All it takes is for the t€rr0rists to lay down their rif1es and RPGs tomorrow. Poof - no more violence.
I would expect RJ to come up with his own plan for sure. Change in this case might be good for a fresh take on things.
@de OP‘s original post was about the price of oil and how it affects Oxy. Some knucklehead tried to hijack the entire thread and make it about a binary choice between war and money. That knucklehead missed the entire point of the original post. Then some other knucklehead tried to change the subject to the midterms. Learn to focus.
OP - Oil did not lose much today and I will have to see the agreement signed before I believe the price is going down much. Every other time we have been told an agreement is near the bombs start flying and the oil price goes back up. I would much rather have a stable oil price at 50-60 than any wars that keep the price up. Also, if Iran keeps this going the mid-terms are going the other way for sure with inflation and the price of oil driving many to vote the other party back in power. That hurts the current admin more than anything else, because once the power shifts in the house and senate Iran can get what they want again. There is a lot more to this than just signing an agreement as Iran holds the cards in how they can affect US politics. The current power structure in our political system is holding on by a thread. Even if the war ceases and oil prices go down there are many voters that are changing their votes to support a power change in the house and seante in November. Inflation, job loses, slow hiring are going to drive the November elections.
@d4 totally missed the point, didn’t you? Although you did prove the point that you are more concerned with money at Oxy than stopping the violence in the ME.
@OP if you have diversified correctly, your 401K should make you very happy. If the Oxy stock price concerns you, you should’ve sold back in March. All that’s happening now is the price is slowly going back to where it was before the war started. Unless you’re a stock fund manager, invest for the long haul and don’t worry about the daily ups and downs.
Why are they depressed and bickering? Is this system in flux and fraught with insecurities.
People so depressed here that the fighting and destruction has ended as all they care about are the share price and their 401ks.
By make a move do you mean purchase another company again? It may be time to take on more massive debt.