Aug 24th stock prices: SLB down, HAL down, WFT down, Oil price down ....BHI up ...it's a mystery to me !
16 replies (most recent on top)
20.7?
T-Rex for president. Let's make Baker Great Again.
What do you mean "up"? BHI is down 1.21% today (Aug 24th).
Listen. If you have 10 slices of pizza total. And you take 1 or 2 slices of pizza you have taken 10 or 20% of the pizza. Similarly if you have 10 slices of pizza total and you take 5, you have taken 50% of the pizza. When you take 22.2 and divide it by 1.5, you arrive at just a little over 14%. Your attempt at belittling us shows your contempt for not only the workers reading this, but also for the inferiority you have in yourself. This tells us you're not an American by birth, you are most likely one of those h1b carpet baggers managers here scally wagging the rabble. Way to reveal your hand, it's not rocket science. You just gave yourslef away
1.5 divided by 22.2 = 23.7
It's just all of the fat heads buying stock to run the price up. Then sell quickly and make a big profit nature of the beast!
This isn't rocket science. The number of shares outstanding is available from a zillion sources. Seeking alpha shows a market capitalization (that's shares outstanding times current share price) of $22.2 B. Feel free to do the math - 1.5 divided by 22.2 equals what on your calculator?
I'm with T-Rex, it sounds like that person really knows their stuff.
That doesn't even make sense. 1.5B = roughly 33M shares. Yet you quote 8% ? Sounds like we got a manager in here spreading disinformation trying to have you all shut up and get back to work. Here's a good one for the books 33 million shares / 1.5Billion buy back, but hey it's only 8%
Whoa there T-Rex. I'm sure the stock buy back is contributing to the stock price rise, but it doesn't account for all of it. They are buying back less than 8 % of all the outstanding stock and given the announced pace to date they likely are somewhere around 1/2 way through incinerating the $ 1.5 B. It wan't but a few weeks ago that HAL's stock price briefly eclipsed BHI's around the $44-45 range. If you take $44.50 and divide by 0.92 you don't get to the current stock price and again they have burnt thru the entire $1.5 B yet. It seems there is something afoot in addition to the stock buyback. Oil is up from the low $40s, but the other service stocks haven't made the move BHI has of late.
T Rex is right.
Don't forget to go/energize
T-Rex ...you deserve a prize, spot on.
You guys are complete dumb--s aren't you. No, morons. Baker Hughes stated they would buy stock back about 1.5 billions worth. Take 1.5 divide by average price of 45bux and you hey 33 million shares to be bought back. They are artificially driving the price up. Watch next you'll hear craighead and co start dropping stocks. This is exactly what zuckerberg did. It's called a "pump and dump" say it with me morons. Puuuump and duuump. No wonder this company is garbage. Morons like you have no clue that your own CEOs are screwing you. Like I said before drop your stocks now or forever hold them because come 2017Q1 they will be worthless
Another buyout offer looming?
Me too