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Companhia Energética de Minas Gerais S.A Message Board

nofly2007 1 post  |  Last Activity: Dec 5, 2014 9:56 AM Member since: Nov 7, 2002
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    Is there a bottom?

    by ggray1956 Dec 5, 2014 9:29 AM
    nofly2007 nofly2007 Dec 5, 2014 9:56 AM Flag

    looking at longer term charts it would appear that $6 is possible. Frankly I consider SDRL an excellent company but it's currently acting a lot like a falling knife. This will take some time. If it does get to $6 the outlook will be horrible and every analyst on earth will have bad things to say. Then you buy it.

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