Exxon will miss earnings

Discussion in 'Stocks' started by brown, Apr 28, 2008.

  1. brown


    Exxon will fall short on earnings. The May 90 put is looking good at this price. Don't fall for the news!
  2. How much exposure do they have to refiners and the downstream price crunch?
  3. Go long, 666 posts!

  4. I am not interested in this specifically, but I am inclined to sell the news on XOM, they need to hide money on their books if it is a good quarter, otherwise, they get drug in front of Congress, windfall profits tax, etc., plus they will pay rediculous taxes this quarter on any extra profits, and their stock has sold off previously on good earnings news, and they have a triple top at 95 on the charts which they can`t break through!