What has happened to BASF? Lately it has remanined stagnent while the market takes off. When the market drops, it does also, but twice as fast.
Maybe you should compare BASF to a competitor like DOW before coming to that conclusion. And we just got the annual dividend too.http://finance.yahoo.com/q/ta?s=BASFY.PK&t=3m&l=on&z=l&q=l&p=&a=&c=dow
Well I certainly got that wrong! Longer term there's no difference but the short term trend is surely due to the ongoing eurozone crisis.Since it's a German firm you gotta factor in the drop in the Euro/USD FX. If the eurozone manages to deal with the crisis then the stock will recover no doubt.