I have a theory of why COS didn't rise with Oil on FridayMy first theory is
1. The $53 oil price is already built into the COS share price because the big boys (Hedge) who were buying this stock when it was $8 or $7 and took it all the way up to $12 think that is a comfortable price for this stock at this current oil price. They are not willing to take any more risk. There is not enough retail folks to move a stock like COS beyond $12 IMHO.
2. It is not in the interest of COS management who in negotiation to sell this company to see this stock appreciate so much that it becomes unattaractive to the potential buyer, so there is a huge manipulation downwards for anything beyond $12 dollars. That price could be the discussion price of a buyout plus a premium which is unpredictable .. perhaps 20%.
3. It is being manipulated by "devious" arms of the buyer who doesn't want this to slip out of reach. Once again, the current COS price plus a small premium is the buyout discussion.
Whatever it is, something strange is going on with COS. It is not fluctuating with oil price.
IMHO