RE:Last ThursdayThese stocks are going to be a very slow escalator up over several years if everything remains super bullish/positive . And a rapid elevator down if anything bearish happens. Now, the EU is threatening an embargo on all Russian oil this Wednesday , so I'm not sure why that market is not concerned . It will be an absolute poo show if that happens . At least a $20 / barrel gain in one day of they agree to do that.
Why is WCP stock down today after releasing a solid set of earnings? How would you proceed with the stock?
Results beat expectations, and production forecasts were good. Sometimes, investors 'sell on news'. But WCP is up 109% in a year, and while it was down intra-day Thursday it ended up 2% on the day, after a 6% gain on Wednesday. We would be quite comfortable keeping it. (5iResearch)
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