RE:RE:RE:WOW!Without question. Retail traders are easily shaken from their position which is what we are seeing at the moment. They are disappointed with the price action and are bailing before a weekend.
It's critical to know what you own. This is an absolute gold mine.
Neil has done it again.
marketsense wrote: The traders sold the spike this morning and now will start to rebuy. As for the sector
perform rating, complete and utter hack job. HWX is still miles ahead of others with
no debt and no plans to take on debt which means profitibility will be of the highest
order in relation to peers along with the highest order of safety. That does not equal
sector perform but sector outperform given their Cleawater focus on E&P. Leveraged
oil names of which all are will of course go up with the rising tide but also need the
oil price to stay up. High oil prices are going to be the target of the Fed Reserve
like a deer in the headlights.
I'm agreeing with previous post that sector perform rating means they want in as
cheap as they can get. Its a cynical view of the analyst world but nonetheless a
very accurate one IMO.