Elliott recently increased its stake in PSX and now owns ~16 million shares.
So they’re not going anywhere.
9 replies (most recent on top)
Elliott will prevail in time. We are less focused than ever and that will show up in inconsistent results.
Elliott made a mistake and now they have to try and save it. Throw good money after bad to hopefully turn a net profit.
Time to jump ship!!.We’re all fu$ked!
At least COP has the leadership to be transparent and truthful that they are cutting 25%, instead of year after year cuts in smaller numbers to hide it in some transformation agenda and act like they aren't cutting 25%.
@bc idk. COP cutting 25% of headcount. You really think they’re cutting that deep just to buy P66? Their CEO is definitely smarter than GoGo but that seems like a stretch. We can hope though.
Not one reputable major shareholder agrees with their plan. Seems like we are gearing for a mega merger, maybe back with COP?
Maybe that’s just their RSU’s delivered. 😂
What a joke
Not smart with the current share price.
Good.