Updates
June 14, 2021: head fake? Nothing being reported today.
Original Post
Tomorrow should be an interesting day.
Now this from our twitter friends. No one knows, but let the chatter begin.
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Last WTI quote: $71.21. Brent: $72.98.
From twitter: this is a big one.
From replies: who can handle $10 billion besides CVX and XOM. And this is a $14 billion deal.
Shoutout to buy-side bankers who managed to keep this quiet for all of a month.
Wow.
OXY is the one to watch.
We need to go to 24/7 trading. This artificial 9:30 a.m. 4:00 p.m ET trading is ridiculous. I can hardly wait. Do I stay up all night, waiting, or go to bed early and get up at 5:00 a.m. to see how this begins to play out?
OXY: Friday close, $28.33. Opened at $28.90. Traded in the red all day. Down 57 cents for the day, or about 1.9%.
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