Am I missing something here? What constitutes a recent high? How far does your timeline go?
The stock has risen 10% in impressive time.
So one negative and you jump on the bandwagon. Desperate!
I sold today at $79.49....nothing to do with your baseless drabble. Just need to be savvy when you've made 14% in 7 months. With Syria still an issue, this stock could hit $84. Value stock, regardless of what bonehead says. It makes stuff oil companies need and want all over the world......
I've learnt my lesson not to be greedy and to be realistic about any gains, which is why I'm leaving. My reason is also partly influenced by the looming US debt ceiling being approached in October.
I'm hoping to get back into this stock. I consider it a good long term play and a safe stock. Not for day traders.