RE: Boxing Day SaleHave to love it!
As Rick Rule has said (in general not about PXP specifically) when a stock drops by 50% for no good reason that makes it a better value, but that is when people sell. When it runs up, it has more risk and that is when people buy. "You can be a contrarian or a victim".
Could get lower from here, but this has a lot less risk than it did when it was selling over 1.00 , question is did anything decrease it's upside potential? I picked up about 35k shares today, always a risk, but less of a risk than last month as far as I can see. JMHO