I agree that this stock should be back over $3 based on the Financials of the company alone. Add to that, that they still have solid products and really the phase II drug is still a solid drug (not the glory results everyone wanted to hear), and their second drug is showing solid results. So I cant figure out why this stock is still so low.
I will say that this stock doesn't follow chart reading pickers as well though, because their basing it off the old highs/normals not after the drop and I believe that causes false indicators so you can't really do that with this stock. But I agree to the extent that it will go above $3 pps soon, of af course imho.
If true that the Saudis are behind the low oil prices (or at least are doing nothing to reverse the trend), what will happen now that King Abdullah has died?
Vittal, you wrote "You might have observed that a part of benefits of oil price reduction has been prevented by Government as not to reach the consumer and the Government has imposed additional duty and did not allow to be consumed them by the public."
I just saw $1.99 a gallon. Trust me, the low oil prices are reaching the consumer! And we are very happy about it!
Thanks for this great analysis, the best I've seen. Being that you clearly know your stuff, what do you think the chances are of bankruptcy for this company? I've seen comments on other sites claiming it is a distinct possibly. But I think it's unlikely.
Latest Comments
Alibaba Goes On The Offensive Against Barron’s Cover Story
It does sound like desperation from company. It doesn't look good. No company will defend it's PE...wrong move.
Why MEI Pharma Is Likely To Rally Over $3 In The Next Month Or So
I agree that this stock should be back over $3 based on the Financials of the company alone. Add to that, that they still have solid products and really the phase II drug is still a solid drug (not the glory results everyone wanted to hear), and their second drug is showing solid results. So I cant figure out why this stock is still so low.
I will say that this stock doesn't follow chart reading pickers as well though, because their basing it off the old highs/normals not after the drop and I believe that causes false indicators so you can't really do that with this stock. But I agree to the extent that it will go above $3 pps soon, of af course imho.
Why Brands Will Love Amazon Echo
Nice review.
Guess What Happened The Last Time The Price Of Oil Crashed Like This
If true that the Saudis are behind the low oil prices (or at least are doing nothing to reverse the trend), what will happen now that King Abdullah has died?
Guess What Happened The Last Time The Price Of Oil Crashed Like This
Vittal, you wrote "You might have observed that a part of benefits of oil price reduction has been prevented by Government as not to reach the consumer and the Government has imposed additional duty and did not allow to be consumed them by the public."
I just saw $1.99 a gallon. Trust me, the low oil prices are reaching the consumer! And we are very happy about it!
Recent News From Xinyuan Real Estate Not Good, BUT….
Thank you for responding! I added you to my follow list and am looking forward to seeing more of your work.
Recent News From Xinyuan Real Estate Not Good, BUT….
Thanks for this great analysis, the best I've seen. Being that you clearly know your stuff, what do you think the chances are of bankruptcy for this company? I've seen comments on other sites claiming it is a distinct possibly. But I think it's unlikely.