O&G is done ! Companies are fighting to say floating longer. It's either another round of layoffs, being acquired, or bankruptcy in 2016. NBL = Bankruptcy Protection
8 replies (most recent on top)
Stover and his so called team, they are the worst of the worst! A way far cry of the best of the best. They are a joke, plain and simple!
I guess $25,000,000 a year is not enough money to make those decisions?!
Absolutely 199616! You can take a short position in Noble's equity or if you've got really big balls, buy some credit default swaps on the 8.25% notes that come due in '19. I can't think of a better way for you to put your money where your anonymous digital mouth is. Just make sure you know what a margin call is before decide to try and profit from an uncertain, highly volatile future. You know, the kind of decisions Stover and Willingham have to make every day...
Can I put in a "no confidence" vote for Stover and his team of misfit managers?
I'll do something productive - like get an abortion because when this company tanks I won't be able to afford my kids anymore...
Guys don't waste your time around this... do something more meaningful. .. talk to your friends... go visit someone you haven't seen in a long time... build some romance... do whatever you like... but please let us cheer up a little and let's give our time to people and things with a real value... this situation really tells you who is in control. .. when nobody buys oils that thing is not such a big deal anymore... be smart and invest in real values
This Web site is great...but please let's talk of something else...
unless oil bounces back
I can't agree with you more. Noble Energy is to broken soon.