Post by
Chefboy69 on Dec 01, 2022 7:26am
torque
can anyone explain to me why this stock goes down and quite a lot when oil drops BUT does not move up when oil moves up
There is no torque to oil prices here. Is it the divi payments that the market is worried about?
I think so....as the arguement in here with the FUD lovers is can they pay the divi??
I see other stocks move up fast but not this one...it took 3 weeks for this to get to 1.39, then 1 week to back to 1.15
whats up???
Comment by
geezer21 on Dec 01, 2022 8:23am
You may get your torque now. Oil has moved up and currently at $81.75 and come next Monday, 5 December, sanctions kick off on Russian seabourne oil.
Comment by
Chefboy69 on Dec 01, 2022 11:37am
thanks for nothing....0.015 increase on this stock??? and oil is $2.20 higher today??? LOL, what a joke I will hold this stock for next 3-4 months if it doesn''t move past $2.00 I am out!!! good luck everyone