From a technical view, this stock is WAY oversold with an RSI of 16. Look for a bounce back to $27-$28 before it starts down again. I'm a buyer here for that bounce.
Nadmis and others... thanks for the input. I agree... this stock stumps me on why it's not performing better. I'm going to continue to dollar cost avg a little at these levels. I too hope it bounces back to the $17 level next year.
Can anyone shed light on why FLY continues to drop even though the market is up strong today? I bought into this stock about a year ago (I liked the Divi, Aircraft Leasing biz has been increasing, etc...). Yet this stock continues to be a pig. I've dollar cost avg down but where is the bottom. They seem to be doing good things (Selling old aircraft, buying new) but still #$%$ stock price.
Again any input is greatly appreciated!
I've been looking to jump into TLM but glad I havne't yet. Seems to be a falling knife! Anyone have insight on why it's down 10% today? Moringstar still lists it at 4stars? Yet it appears to be in a death spiral?
Th#$%$nks! So Wh#$%$t #$%$m I missing. Divi still int#$%$ct #$%$t $1.15? Stock still down by #$%$ lot. Is it confirmed they h#$%$ve #$%$ Rig going offline next ye#$%$r?
Just curious what the boards thoughts are on SDRL? I'm averaged in around $36 share so I'm getting killed right now. Would like to dollar cost avg in but everything I buy a little, it keeps going down. Is there something I'm missing that has everyone so scared of SDRL? Any thoughts are greatly appreciated!