Hope this is not, “Short term gain, at the price of long term gain.”
10 replies (most recent on top)
Sorry I don’t really care if IMO hits 52 weeks high, but do want to hear when it hits 52 weeks low. Thanks!
@jg Who cares?
@j8 that vest 5 and 10 years after being issued. Current share price matters for those that received the shares in the $50/share environment, they’re making a ki-ling! Current execs probably see the long term slide that’s coming….either way getting shares is better than not getting them like all the rest of us plebs. Long term incentive plan for HiPo.
@fh It's all relative. The fat cats benefit much more from higher share prices, as their compensation includes a ton of share grants each year.
Wait till the offshoring “benefits” kick in… back down to a $100.
@fh probably the most obtuse thing one could do in the current situation. No one cares how well they do and most would have sold out. Anyone with any stock knows the relative prices anyway.
@a8 Among all the dark news, I was trying to show something positive. Didn't mean anything bad. After all, all of us own few share of the company in our saving plan anyways.
I don't see the reason to get all exited about the Imperial Oil share price. The higher the price, the higher the cash out flow to "insiders" that own majority of the outstanding shares in a share buy-back. You should be more concerned of the lack of large scale projects and the profligecy in writing down a facility, barely 10 years old, to the tune of $407M.
And it’s down….like every other oil company with oil down….wasted my thumb energy typing this.
Everyone can see the price , you don't need to keep updating it. It's due for a large pull back at some point regardless.