Thinking About a New Career?

Have you been thinking about a new career in something completely different?  Recently, IDT corporation, a telecommunications company, has decided to get involved in shale oil.  IDT Energy and Genie Oil and Gas believes in a new shale venture and discusses this in the video below.  There are some slight un-educated remarks in the video from the CNBC reporters, but you get a chance to listen to the CEO, Howard Jonas. If I was an investor in IDT, I find this video not to be supportive.  It almost sounds that they do not know what they are talking about but that might be because of the reporters remarks. 

 

"IDT Corporation (IDT) is a multinational holding company with operations primarily in the telecommunications and energy industries. Its principal businesses consist of IDT Telecom, which consists of Telecom Platform Services and Consumer Phone Services, and Genie Energy, which consists of IDT Energy and Genie Oil & Gas. IDT also hold assets, including real estate and operate other smaller or early-stage initiatives and operations, such as Zedge.net and Fabrix T.V., Ltd. The Company has four business segments: Telecom Platform Services, Consumer Phone Services, IDT Energy and Genie Oil & Gas. On September 14, 2009, the Company completed the pro rata distribution of the common stock of CTM Media Holdings, Inc. Telecom Platform Services provides various telecommunications services, including prepaid and rechargeable calling cards, a range of voice over Internet protocol (VoIP) communications services and wholesale carrier services."