Re: Todays action
in response to
by
posted on
Dec 17, 2014 11:32AM
Multi-Billion Dollar Agreement Signed With Oman
He has a succession plan in place. One must assume that his chosen successor would be of like mind.
I have remained quiet for a while figuring of little point adding my 2 cents but cant imagine anyone can be happy with the price action and volume. This deal is large complicated and many areas where delays or problems can arise. The sultans illness is very sad and highlights the danger sometimes inherent in delays of this magnitude. Lets not forget the first MOT. Had this been done years prior no issue would exist. How you can make that statement above as if fact surprises me? No one has a clue as to what can happen and what steps if any are in place to address this issue.
So far since the deal was signed I see very little positive. Again not a criticism but the facts. $2.65 and essentially no volume are a reality. Buying opportunity maybe but Id say purely a gamble