Talking stocks, trading, and investing in general

[SkinnyGoomba]

I understand their position and I suppose it makes sense for them, they consider market share more valuable than near term profit. However I think what really happens is that the small producers are gobbled up by the large ones then when they back off of their policy they will be right back where they started in terms of market share.

The real losers are likely to be the small members of opec, IMO.

 

[otc]



I bought some more SMLP. Sure, it should fall more, but at this point, the yield is crazy tempting.

Oops.

 

[Texasmade]

Man I'm glad my work made me sell KMI and a few other E&P MLP stocks back in January. I've spent the past 2 years trying to diversify away from oil so at least my portfolio and my job won't both tank at the same time.

 

[GreenFrog]



I understand their position and I suppose it makes sense for them, they consider market share more valuable than near term profit. However I think what really happens is that the small producers are gobbled up by the large ones then when they back off of their policy they will be right back where they started in terms of market share.

The real losers are likely to be the small members of opec, IMO.

Not opinion, fact.

 

[Master-Classter]

wow, oil... damn.

I've been buying up more CNX, CPG, and CHK just to try and lower my average costs.

Just reopened a position on RDS (.B) and briefly held GLF but sold it and made a few percent today.

 

[chogall]

That SUNE squeeze

 

[Master-Classter]

as in SUNE they'll go bankrupt?

 

[Texasmade]

The Dow DuPont merger! I never would've guessed these 2 would merge.

 

[GreenFrog]

Red Frog is red

 

[the shah]



The Dow DuPont merger! I never would've guessed these 2 would merge.

would the monopoly board let such a thing happen ??

 

[the shah]

it's touted also a merger of equals, so shareholders of both will not be obliged to pay a premium ... consolidating assets and liabilities to control the market, collusion to create a cartel ??
and won't they deal with eventual environmental/safety law suites coming in the future

 

[MSchapiro]

it's touted also a merger of equals, so shareholders of both will not be obliged to pay a premium ... consolidating assets and liabilities to control the market, collusion to create a cartel ??
and won't they deal with eventual environmental/safety law suites coming in the future

It seems like the plan is break up the combined company at some point in the future.

 

[lawyerdad]



it's touted also a merger of equals, so shareholders of both will not be obliged to pay a premium ... consolidating assets and liabilities to control the market, collusion to create a cartel ??
and won't they deal with eventual environmental/safety law suites coming in the future

I'm not sure what you're really asking with respect to environmental/safety lawsuits. I'm sure both companies face such suits on a regular basis, given the nature of their operations. Those are potential liabilities that come with the territory and presumably show up on their books as liabilities, reserves, etc. (I'm not an accounting guy, so I'm using those terms loosely.) But I'm not sure how the proposed merger really effects this one way or the other. Does the eventual combined company now have twice as much litigation exposure (assuming for ease of discussion that each of the pre-merger companies has an equal amount)? Sure, but (similar assumptions for illustrative purposes) that's balanced against twice the assets as well.

 

[Texasmade]



It seems like the plan is break up the combined company at some point in the future. ​

Plan is to merge and then breakup into 3 separate companies. I haven't read how the division would take place yet.

 

[chogall]



as in SUNE they'll go bankrupt?

Short squeeze. SCTY traded up by corr algos