Stock Market/Investing/Day Trading/Speculative Trading Thread

[Flabio]

Dick pick as well?

Submit those to @HuskerDocCo for review and rating.

 

[Jim14510]

Yeah I wanna see pay stubs, w-2s, tax returns, brokerage account statements, bank statements, third party home appraisals, a full listing of debt and other liabilities, and any other verifiable financial information you feel is relevant. Please redact all personal information. I’ll then post a poll and we will let the board decide.

I could prepare a personal financial statement for each.

 

[Toe]

ConocoPhillips says it will lay off up to 25% of its workforce, impacting thousands of jobs

Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands of jobs, as part of broader efforts from the company to cut costs.

apnews.com

 

[Dell Husker]

You could be right but here’s more.

Also went to $18+ today

Now at $38

 

[BingoDingo]

 

[jaihawk]

ConocoPhillips says it will lay off up to 25% of its workforce, impacting thousands of jobs

Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands of jobs, as part of broader efforts from the company to cut costs.

apnews.com

You do realize that these reductions are tied to merger synergies and cost-cutting in corporate functions, right? The merger closed November 2024. They both had headquarters in Houston, so you've got a lot of overlap there. That's how acquisitions and mergers work. I've done a lot of M&A in my career and I've yet to see one where you don't see a reduction of 10-25% of the workforce due to redundancy within the first 12-24 months. It's how you recapture your investment as quickly as possible.

 

[Toe]