Title : Hyperbole, Much? -- Phillips 66 -- Fitzsimmons -- October 21, 2018
link : Hyperbole, Much? -- Phillips 66 -- Fitzsimmons -- October 21, 2018
Hyperbole, Much? -- Phillips 66 -- Fitzsimmons -- October 21, 2018
Didn't Warren Buffett own/sell a lot of shares of PSX or was it just COP? I've long forgotten.Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or think you may have read here.
Hyperbole, much? Michael Fitzsimmons writes: "Phillips 66: the sale of the century." Summary:
- Friday's $6.35 drop in the share price was way overdone;
- the trigger was apparently the Trump administration's desire to ease rollout of the UN's new international maritime clean fuels standards;
- while Phillips 66 would be a beneficiary of the new rules, they were not worth 5.8% of the company's entire market cap; and,
- PSX is a STRONG BUY with a bullish Q3 EPS report expected Friday
Thus Article Hyperbole, Much? -- Phillips 66 -- Fitzsimmons -- October 21, 2018
That's an article Hyperbole, Much? -- Phillips 66 -- Fitzsimmons -- October 21, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
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