Logic wins out!A few meandering thoughts!
Good to see SXR getting back to a valuation that makes more sense. It can still move higher IMO. This goes to show how unjustified and silly the recent selloff was. Those that were selling at $13 should learn how to do better stock analysis. Carlos, you and I had it right, at least for now.
In line with this, I am not impressed with Bart Jaworski of Raymond James. He makes SXR a top pick on Robtv end of 2006 with a target price of about $16.75, then downgrades it with a new target price of $13.75 on the Sweetwater news 2 weeks ago, news which should never have been priced in. This week he upgrades the target price to $15 on the new resource report. I thought the resource report was neutral. Clearly the market isn't paying much attention to Bart but the RBC report seems to have had a positive effect.
Jack25, I saw your message and recognized the alias. Seems like you & I have held many of the same stocks going back to our Pan-Ocean Energy days. In looking over your recent post, we both follow numerous stocks and quite a few of these are the same such as SXR, CCU, UTS, OIL, PDN, HBM, POC. Great minds think alike??? Cheers!!!