The reason for falling oil prices explained (maye)
Interesting article on Bloomberg today SEE IT HERE
Forum Discussion
JAXFL wrote:spoon059 wrote:JAXFL wrote:
Thay are also saying they will be let folks go as they cannot afford to pay them and the shareholders (bonus for the top folks).
You know that YOU can buy stocks too, its not just a "bonus for the top folks".
HAAAAAAAAHAHAHAHAHAHAHA I would need to work 6 months to buy 1 share of oil stock and then with my luck. Back years ago I bought into 2 different nicotine patch companies........... don't want all my eggs in 1 basket............. well guess what? Yap, both of those went under and the ones I did not invest in grew...just my luck to buy oil stocks and then find out they closed the company.
Occidental Oil (OXY) is $87 per share.
Imperial Oil (IMO) is $53 per share.
What type of work are you in that it takes SIX MONTHS to purchase a $90 stock? We aren't talking about Berkshire Hathaway stock here.. we are talking oil companies.
Hyperbole is alive and well at RV.net... too bad that's not a marketable commodity, you would be filthy rich.
