For goodness sake... MRO has made too much money and making money is unforgivable on wall street today. Need noise from Dillon Ratigan, promise of future earnings, the buzz word of telecom expansion worldwide, and Abbey to make the swallowing of stock at breathtaking p/e's. Some day one would hope they'd make money like MRO did today.
MRO beat all the up revised numbers $1.18 vs 0.90. This stock will go down because the wall street big money wants to buy it and later recommend it. Then it'll zoom up and Abbey will recommend it so you can buy it at the top. Meanwhile... telecom at 300+ p/e is the sucker call. Meanwhile oil is going down to $8 a barrael.... hey wasn't that when MRO stock was selling for $25 a share, like now (with oil at $30)? Oh well, Abbey hasn't spoken yet.