What a stock to day trade? Buy low, set your sell target and make money. Think 6 months out if you are long. What a market world we live in. Panic can make you money or loose you A--. if you sell. Also think refiners as there are not enough and noone want them in their space. Enjoy the weekend, get away from the computer.
My question is what happened with the repurchase plan? Will they announce the result and if so will the share retirement have effect on share price? Will the repurchased shares be used are stock rewards to management?
Aparrently not as did you see any? To me still panic and I hope to add. What has changed except .18 to .14 disribution? Tell me? Often operations are best if distribution is cut, things change and as management you do what is needed. Think long term. Best to all whatever you do, it is your money.
I have a bunch at way more than the current price. Did add some more with the drop. Panic is good for some stocks and that is what I see here. Could not get anyone to give specifics about the share price drop. Lots of negative comments but no real stuff. Some said scam, need investigation, etc. Hold, take the distribution, go on vacation and chill. The stock market is a long term thing ruled mostly by the press.
Dito! new increased volume, large blocks and up. Pushers, shorts not a factor, the company is what it is, a very good long term gamble.
Where do you get your info to say they are crooks? Please give some detail, not just that the share price is tanking.
I got in for more. The sell off to me is panic, time will tell. Just like Cramer, on the 5th he said do not buy on the dip, as more down side to come, yesterday he said buy this market is ready to run. The press knows dip shioty, they just want to sell the press time and articles. You need to do your home work and do what feels good.