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Exxon Drop Of Another 2% in One Business Week
18 february 2015

A PRESTON CLIVE FORECAST

Is that another full two percent I see dripping off? (IMAGE: activeautoinsurance.com)

With the news of Warren Buffet's $3.7 Billion investment exit from Exxon Mobile (XOM) stock, the stock was down over 2% since opening today. Inasmuch as the massive mega giant of the energy industry has not suffered as profoundly as other global energy entities have during the oil glut and price crunch, the hit is certainly unwelcome. The stock was down in early trading at about 1.78%, and now at 2pm is down over 2%

This is a short one, just shy of a week: I give all of you traders until next Tuesday February 24th to tell me if XOM will dip another full 2 points by WEDNESDAY the 25th close of trading. From outperform to buy across the analytical field, nobody thinks the company is in a huge load of trouble. But the playing field is not tremendously friendly with prices sagging and with the loss of Berkshire Hathaway.

 Show me that you guys know what you're doing. 

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Exxon Drop Of Another 2% in One Business Week

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