RE:RE:sucked back in again
Probably undervalued, so I hope since I did just buy. However, my thought on why it has gone down is likely because of how fresh their bankruptcy protection is in many of our minds. This company had a very hard time the last time we had oil values dip. There are many analysts calling for $60 a barrel of oil. I know we went even lower than that in 2008, but look how the price of oil almost ran this company to the ground. It was a fire sale. Those who are selling are probably thinking this could happen again.