Thread regarding Occidental Petroleum Corp. layoffs

OXY Stock is 9.66...

Bravo VH and rest of the EC. You are stunning and brave for the bold APC acquisition! You garner the respect of all that work for you and the entire industry as a whole! LOL.

by
| 4412 views | | 9 replies (last October 28, 2020) | Reply
Post ID: @OP+17ChZzzw

9 replies (most recent on top)

To the OP.
Finger-wagging.
If you start such a post, please commit and put in the work to keep it evergreen.
$8.99 is the number.
Putting $7 into our crosshairs next.

by
| | Reply
Post ID: @2ibg+17ChZzzw

Bag holders should buy more at the lower prices. How many games of chance do you have the edge like this one.

by
| | Reply
Post ID: @kdp+17ChZzzw

Update: OXY closes at $9.46 today Monday October 26.

Bagholders getting death by a 1000 cuts.

No white knights out there, just a few vultures waiting for cheap assets, not debt.

by
| | Reply
Post ID: @yac+17ChZzzw

The stock price doesn’t mean a thing for cash flow and net income. Oil prices are the important unknown along with the ability to buy more credit if needed.

by
| | Reply
Post ID: @bmx+17ChZzzw

It can go to zero... If OXY cannot weather the storm, Chapter 11 is coming and it'll be worthless. The employees are paying the real costs of this. Retirement savings diminished, salaries cut, bonus target cut, long hours due to reduced staff levels, LTI worthless.

by
| | Reply
Post ID: @prf+17ChZzzw

stock is now 9.38. How low can it go?

by
| | Reply
Post ID: @sxu+17ChZzzw

Reflects the company top to bottom, not just the incompetency at the top.

You all reap what you sow.

by
| | Reply
Post ID: @nme+17ChZzzw

The Wall Street has no confidence with oxy as long as we keep our current management team. Feel sorry for the young middle management. Their experience as manager at oxy is proof of their nature: incompetence. They will never find another job in the oil industry.

by
| | Reply
Post ID: @ccn+17ChZzzw

Is there any penalty for devaluing a company to such an extreme level? These tools still have confidence??? I guess it pays to be part of the priveliged crowd. Doesn't matter if you succeed or a fail.

by
| | Reply
Post ID: @oqd+17ChZzzw

Post a reply

: