RE:TD ..good graphHimmler thanks for posting that information.
himmler wrote: For those of you that get TD trading paltform go and look at todays market and research section ,and click on TD securities action notes. I cannot copy and paste ,sorry, for the rest of you but I will explain what it reads on a very interesting graph.
Company's are on a sliding scale and it rates a company's sensitivity to borrowing base erosion.The second chart shows % drawn on their banks credit facility.In both charts the sliding scale denotes that the lower on the scale the worse the company is.
Legacy is firmly in the middle of both charts. Some here may find it difficult to believe but companies such as PGF,CR,SGY,LRE,TBE,to name a few are worse off..in some cases far worse.So take it not from me,but in sincerety,from this chart.it appears as though we are seeing capitulation on Legacy..based more on emotion than common sense.Its hard to take if you own this stock,but I believe it will be a very good buy in time.Iknow many here bought much higher,so it makes things double tough to watch.But the 'experts' dont share the panic that is on this BB. And anyone that has followed this crazy stock knows that it never behaved like it should....never.