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Cabot Oil & Gas Corporation Message Board

finance.phil 1 post  |  Last Activity: Oct 27, 2014 10:00 AM Member since: Feb 28, 2013
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    Why is this stock down ???

    by johnnyboypappas Oct 27, 2014 9:54 AM
    finance.phil finance.phil Oct 27, 2014 10:00 AM Flag

    Because the results of the stress tests were very bad for the broader European banking sector, so the entire cohort is being sold, regardless of whether or not your bank has a clean bill of health.

    I actually suspected that this would be the case. Long term you're still golden as far as Alpha Bank is concerned, so don't sweat it. It is a buying opportunity if anything.

    Sentiment: Strong Buy

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30.21-0.390(-1.27%)Dec 24 1:00 PMEST

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