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Re: The Death of ExxonMobil

by "Bill Reid" <hormelfree@[EMAIL PROTECTED] > May 9, 2008 at 03:54 AM

Don Tiberone <s_knight8@[EMAIL PROTECTED]
> wrote in message
news:9fdd6a05-7ab3-44fb-9a46-aedee2bf5fa8@[EMAIL PROTECTED]
>
http://articles.moneycentral.msn.com/Investing/JubaksJournal/I***xonMobilsFu
tureRunningDry.aspx?page=all
>
> By Jim Jubak
>
> Are we witnessing the death of ExxonMobil (XOM, news, msgs)?

You and all your cut-n-paste copyrighted articles are WAAAYYYYY
late with your "news"; remember, I've been predicting the death of
ExxonMobil for YEARS.  For example, I repeated it fairly recently:

From: Bill Reid <hormelfree@[EMAIL PROTECTED]
>
Subject: Re: exxonMobil
Date: Saturday, March 29, 2008

<kathyae_@[EMAIL PROTECTED]
> wrote in message
news:dc889d05-abb0-4fac-806b-1e7d3a91b7df@[EMAIL PROTECTED]
>
> > > ExxonMobil is my largest holding... every time that i'd sell a
stock,
> > > where i made profit, i'd take half of that after tax profit and buy
> > > more shares of exxon... sooo that when investing in a new stock,
where
> > > i might lose money, i'd still be able to grow the ****tfolio. Exxon's
> > > stock is like a super tanker, fer it's slow yet steady growth.

> ... yet how will it do over the next 20 years...

I've already posted there's a reasonable possibility that ExxonMobil
will not even exist in 20 years, and as the years go by that possibility
might become a likelihood and then an undeniable (except to idiots)
certainty.

....

---end of NON-copyrighted archived post

And that is why I was so puzzled to read this piece of incorrect
and misleading doggerel to explain the recent situation with oil:

> What you oil bears don't understand, is that if
> oil drops, OPEC WILL defend the price by cutting production. They've
done
it
> time and time again in the past and they will do it again.

???  I'll guess whoever made that statement will never be able
to explain it or prove it...

---
William Ernest Reid
Post count:  1075 (x-posted to alt.movies.kubrick as opening retaliatory
shot)
 




 6 Posts in Topic:
The Death of ExxonMobil
Don Tiberone <s_knight  2008-05-08 19:41:26 
Re: The Death of ExxonMobil
"Bill Reid" <  2008-05-09 03:54:07 
Re: The Death of ExxonMobil
ichorwhip <ichorwhip@[  2008-05-08 21:14:21 
Re: The Death of ExxonMobil
"Bill Reid" <  2008-05-09 04:44:32 
Re: The Death of ExxonMobil
Monitor <allpaidmonito  2008-05-08 21:52:09 
Re: The Death of ExxonMobil
ichorwhip <ichorwhip@[  2008-05-08 21:53:18 

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tan12V112 Wed Jul 9 7:39:22 CDT 2008.