Thread regarding Occidental Petroleum Corp. layoffs

Icahn chimes in with new thoughts on Oxy

Icahn interview. Short bit about Oxy starts around 20:30.

He sounds more optimistic. Says company has great assets, is all in now with his guys on the board, and sees a lot of upside. Thinks the anadarko deal was “still one of the most ridiculous deals” he’s ever seen, but those days are over. He thinks eventually the shareholders will be rewarded.

https://youtu.be/Xpj1YDUKxyE

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| 2971 views | | 4 replies (last May 10, 2020) | Reply
Post ID: @OP+14RQrKRt

4 replies (most recent on top)

There is an upside depending on your entry cost. In my case the average is in the mid $40s so maybe in this lifetime?

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Post ID: @2pux+14RQrKRt

Of course he said that. What's he going to say? "Yeah, I went all in on that sh!t heap for the fun of it."

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Post ID: @iqp+14RQrKRt

This is from two weeks ago.

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Post ID: @gmw+14RQrKRt

Icahn is trying to protect his assets. Dump your Oxy stock as soon as you can.

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Post ID: @mku+14RQrKRt

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