"Rhhby" and "NVS" are related to each other in pharma. Why the "RHHBY" stock is acting so sluggish,especially compared to "NVS" ? Is it because of upcoming dividend payment ? If you share your
insight, I will appreciate
Why this stock acting so poorly day after day? We had high
opinions,and there were upgrades.But now,even when XLE
is up on the day,this stock keeps going down.
Is there a fundamental problem ?
I will appreciate if you share your thoughts.
These two stocks MPC and MRO are acting like they are in a
bottomless pit.When I get stuck with POS stocks,through all
kind of manipulations,I blame myself for stupidity.I am
fully aware,the general market and energy sector are in a
I have read several reports and I know NVS is a great company.
Other than the general market weakness,why NVS,lately is acting
so poorly? What are the ramifications of this outrageous
discrimination suit award ? They are talking about huge
punitive damages. If you have any thoughts,please share.
Thanks in advance.
Yes we know that the general market is acting very poorly.But "CNH" went down 5 points in 4 days,even after favorable mention in "Barron's "
Why CNH is so weak,and has no snap ?
If you share your thoughts, I will appreciate.
Where is everybody? This board is very quiet.
OIS and other oil service stocks are getting a drubbing today. This decline is sharper than general market drop.
OIS has high grades,yet is correcting
along the other service stocks.What are the main problems? Please share your thoughts.Thank you in advance.
Dear 2ndrifleman :
Thank you for your response.
You made the point "What happens when demand outpaces supply "
My concern is " What happens if we go into a global recession ? " USA ,the leading economy is already is in recession.My hope was that the developed countries economies are decoupled from emerging economies. But
unfortunately,recent market action shows they are still coupled in some measure.
In the meantime,this pose SLT has been a dead money.It is in a major downtrend from 27 to 16.5 .
5-6 % decline in a day is considered a bad drop for any stock.Yet,this SLT does this drop very often.The stock does not show any fighting back or snap back power.What are the causes for this consistent weakness ? I can think of the following :
1. Is it because of number of shares
2.The market maker or specialist behavior
3.Future earnings prospects
4.The effects of overnite Indian market
5.Volatile industry sector
6.The fact that the stock is in a major downtrend,and under the moving line averages.
8. Combination of all these and other factors.
If you have any thoughts and share them, I will appreciate.
Something new on Charles Schwab screens.They show the Put/call ratios for each stock.SLT has a Put/call ratio of 1.16.
It is very high .There are two opposite ways of using this ratio.Please share your thoughts if you have any ratio relevant ideas.Thank you.
generally speaking you are right about the volume.However.in some cases the stock goes under a chinese torture.Day by day ,in low volume it drifts lower and lower.
I am a stuckholder (stuck) of SLT too.But the technical action is horrible.On my screen,it has the highest % decline ,second day in a row.It does not show any snap back power.It has broken some technical supports.Part of this action is due to the sharp decline of Far East and Indian markets.
The reason I got stuck with this Pos was : I know one manager named Greensberg .He was pounding the table for SLT as a very cheap stock.May be the future holds some promise. Any comments please share.Thank you.