InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,524.46
(
1.01%
)
Post# of 1115
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Drill Baby

Send PM Follow Ignore
Followers 6
Posts 585
Boards Moderated 0
Alias Born 02/28/2014

Drill Baby

Re: 4retire post# 940

Sunday, 06/05/2016 7:35:22 PM

Sunday, June 05, 2016 7:35:22 PM

Post# of 1115
CRC is currently priced as a bankruptcy risk, but has about a $20 profit margin. Historically it was hurt by:

1) $27/BO - 02/2016

2) Oxy having to sell 20%

3) dropping below $1, dropped by s&p400 and others

4) a reverse split

Now that all the baggage is out of the way, hopefully clear sailing ahead. Also, I should mention spinning off from oxy when oil price was dropping fast.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up