When a stock gets hit with very negative news, there tends to be an overreaction, so it's best to put in a very lowball bid. If you get it there, fine, if not, you'll probably get a second chance.
Oil prices will be $35 or more from now on. At about 12 X earnings and very good dividends. If earnings just stay where they are, or increase very gradually, it is still a good value.
Oil prices will be $35 or more from now on. PE ratio of 9 and very good dividends. If earnings just stay where they are, or increase very gradually, it is still a good value.
Rating
Big Win
Win
Neutral
Loss
Big Loss
