|From: djb (Rep: 1416)||Date: 05/19/2010 09:48|
|Forum: Occidental Petroleum Corporation - Msg #51||Thread #672990961 (Rec: 0) |
|in calls.... Occidental Petroleum (OXY -1.2%) doubles its estimate for a discovery near Bakersfield, Calif. to the equivalent of as much as 500M barrels of oil, valued at more than $34B at current prices. OXY has been leading a rush to find oil on land as BP’s (BP) Gulf disaster is likely to spur tougher offshore drilling rules.|
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let the market tell you what is - take a profit whenever you can, take a loss immediately.. don't believe in the market
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