Chevron looses 10.5 Billion a quarter and 42 billion for the year. Son the question is with Chevron's complete implosion would you lend them long term debt? Maybe at 3X the prime?
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Anonymous141337 is a very wise person. Sell high and buy low. Way to go.
Failure to deliver..... = adjustment in market cap........... failure to fix the problems so they can deliver in the future = further company MAE's..... market adjustment exercises.
This is healthy for the company......
I did at $103. Didn't change my allocation so I just liquidated the rest at $75. Don't worry I will buy back in when we are in the $50's
All of us who are shareholders have cash on the line with Chevron. If you are a person who wouldn't loan Chevron money, then you should sell your stock right away.