InvestorsHub Logo
Followers 30
Posts 6992
Boards Moderated 0
Alias Born 06/23/2010

Re: LCRG6215 post# 1923

Monday, 07/20/2015 4:07:01 PM

Monday, July 20, 2015 4:07:01 PM

Post# of 2188
Monday is typically lower, and Fridays sometimes. Looks like some institutional buying at these prices to put a floor in. OIL fallen below $10, some heavy selling could be margin calls, but this company seems to be transparent and earnest, just not exciting. When oil stocks have fallen
30-40% in recent months, no surprise this should suffer disproportionately, but the lower cost per share should help it get picked up faster when the macro scene for oil starts to stabilize. One other very challenged oil stock i own was up 15% today; I suspect SSN will follow soon.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.