Replies to post #251347 on Amarin Corp Plc (AMRN)

[rosemountbomber]

Invest if I can ask do you think Occidental Petroleum ( which slashed their dividend today) and Schlumberger will survive? TIA

[sts66]

You still working in the oil patch? Did you see what happened to NGL and their preferred stock NGL-B? Both got cut in half Monday, yield on NGL-B soared to 60% at one point - insane - they're not going BK for god's sake. Word is that Goldman Slacks started the Monday energy stampede by delevering two of their MLP closed end funds, assumption is they dumped the underlying stocks at whatever price they could get. GS's decision was likely prompted by what happened to oil futures Sunday night after the Russia/SA spat went public and SA slashed the price of it's oil to capture market share.