I bought more at $23. I'm perfectly happy with my position. There are a lot of investors that bought on the drastic dip a while ago.. We don't need to buy more now.
It's too bad that that all this BS effects the price on the market. There should be a law against this kind of lawsuits. The "vultures" shouldn't be allowed to do this to any company. If they had to pay their own attorney's fees, it might stop them from this BS.
I somewhat agree. My reservation is because I feel that a large majority of owners who still have a loss at this price, most likely sold when the price dove into the low 20's. Current weakness is most likely tied to the lawsuit. Any uncertainty really rocks this stock.
I believe you are confuse between the sec inquiry & law suits. The sec is done. Now it's the vultures turn.
Excellent reply. Different interpretations of the same chart is true. Anyone doing "due diligence" will read any informational sources differently. I think that it is important that investors use more than one source when making decisions.
First of all, daily spot prices seldom effect oil stock prices. Trends do, but not daily prices. Secondly, your name is an oxymoron.
I can't believe that it isn't "popping" now. Odds are that this stock will go up, so why on earth are people selling now? If you haven't bought more yet, you had better buy on the dips. You won't see this below $31 for a long time, if ever.