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I own ~ 4000 shares in IOC at ~$33.
If they hit oil the price will increase a lot and quickly. If they dont hit the oil and the plan falls back on the gas then the share price will fall, but as the plan to recover is executed you will get your money back, and more of course. So for me the risk is underwritten. You either get a good price kick over the next 3-4 months, or you hang in there for 3-4 years. Either way you get your money back. Its a great trade - SOROS knows this too, heads i win now, tails i win later. GREEN Rating :
  (9 Ratings) |
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| Subject | Author | Rating | Time of Post (ET) | ||
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Why i own IOC
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greencarbel... |
 
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6-Nov-09 08:23 am | ||
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we, the little ones from belgium, believe in ...
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copshauni |
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6-Nov-09 09:20 am | ||
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Belgium are like the Dutch excellent sto...
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binckbanker | (1 Rating) | 6-Nov-09 09:35 am | ||
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Good post. Heads, find more liquids >stripping pl...
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uknead2know | (1 Rating) | 6-Nov-09 09:27 am | ||
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"If they hit oil the price will increase a lot and...
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bostonkenmo... |
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6-Nov-09 09:52 am |
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