Almost all eneregy related stocks are posting multi -year low pps. Do you think all those stocks are going to get bankrupt? Trading pattern does not prove your theory of bankruptcy. Until oil goes back up to 50$ to 60$ , all the oil stocks will be down. Period.
Its strange PPS posting 52 week lows everyday for so many days. Volume for all those days are not more than average volume. I think people are selling and moving on because oil prices are not going to zoom anytime soon. Its sucks to watch your investments to see go down but this is long term game.
This is really non-sense. They are getting more contracts and this is only going down. I have to average it down after earning report. Earning report should give good idea.
I am holding in 3's. Not that bad but it feels sick watching the PPS going down everyday like company will bankrupt. But thats not the case. I am here for long term on this atleast a year.
You are correct. OPEC screwed everybody in energy market including themselves but its given great oppurtunity to buy energy stocks. I hope your prediction comes true this goes up to $20
I think they will beat this time too but I do not know how PPS will move. Last time it moved to near $5 and now to all time low in just two and half months without any bad news. I hope share rally back to $4.
This is really sick to watch day after day this one going down. There is no negative news . They had good quater results too. I hope very soon it can bottom out. But for now it looks very scary.
Making me sick PPS going down everyday. Market is not good only way this can go back up is catalyst.
My Portfolio looks scary, down bigtime with all my stock down. I hope things start change quickly.
Sentiment: Strong Buy