That does not mean anything. These stocks can go all the way to zero and nothing can stop that unless the dark clouds disappear. Only god knows when that will happen and by then most of these companies are gone. That is what Saudi wants.
When these stocks drop, nothing stops them. The more they go down, the faster they drop. I have seen that with my energy stocks. Just shocking of how low they get. ( almost zero)
This company is finished. Just turn off the lights and put us out of our misery.
Back to hell zone again.