Exxon Mobil (XOM)

[jefedelforo]

Chowder

Acerca de XOM "When a company is showing double digit losses, I don’t throw good money after bad by averaging down until I see a catalyst indicating price may start heading higher. I have been watching XOM for such a catalyst. A rising rig count is one of the catalysts I was looking for and that is happening, but I did say I was going to wait on the earnings report for further information that would clarify a buy signal. XOM announced earnings today and no such signal appeared. In addressing …