Stuck at $50.00... Bad news. Laggards are soon devoured and the bone scattered. It's just a matter of time.
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We are looking at 70 by the time the Santa Clause rally is over and the next round of Middle East trouble starts.
Your yearly bonus is based on several key performance indicators, one being stock price. When that fat bonus check is diminished because of your poor performance against your peers , it is just a matter of time before you look for greener pastures or wait for the ultimate buyout. Stock price keeps dropping and your LTI's are worth less...Bonus gets smaller...layoffs are approaching.
Can only go down now. This is the end that has been on the cards for a long time. So glad I got out at $104 when the super smart people at Oxy were making fun of me for selling.