GREY:ANGZF - Post by User
Comment by
toppgunnon Jan 30, 2013 10:31pm
211 Views
Post# 20915311
RE: RE: Reason for Drop
RE: RE: Reason for Drop Market sentiment is very poor in resource stocks whether it is mining or oils. Angle Energy is not unique look at most other oil and gas stocks which are trading at 52 wk lows or 10 year lows. I do not own but this has been on my watchlist for the last month. I am thinking it is best not to buy any resource plays at the moment. I dont think a person will miss the bottom by much if and when it turns for the better. It seems everyday the resources continually trade downwards with no end in sight. Only stocks that tend to go up are the utilities, banks financials, and retail.