NG now at 2.01 yaouch, that has to hurt the bottom line as time goes on and it stays the price stays or even worse, GOES LOWER.
Will be very interesting to see if CR keeps dropping since it has reached a NEW year low yesterday again. This is no different than any other stock in any other commodity sector. If the commodity is at or near all time lows, what do you geniuses think happens to the comopanies share price who are in that sector ??? Hey, just saying, just ask oldnagger since I have been warning of this when CR was much much higher and he hung in there and is riding it back down. Do you see a PATTERN HERE ???
Basically straight DOWN from $6.50 in the last six months. ANYONE who BOUGHT from March 2022 until today, or almost in the last 2 years are ALL LOOSING MONEY. That by any means is deffinately NOT a winning strategy now is it ? But from what I see, most just don't seem to get that and I see EVERY EXCUSE in the book that ALL bagholders use, until they finally capitulate and sell at even much lower prices. It has to hit you people in the pocket book and THAN perhaps you will get it.