SXY 0.00% $4.60 senex energy limited

anyone else getting seriously concerned?

  1. 58 Posts.
    This seems to be continuing on a slow, yet consistent decline, from what I see.

    Despite what we have been repeatedly told by those seemingly "in the know", this stock seems to continually drop, inch by inch to the point where I'm at a stop-loss. (Actually fell below it at one point!)

    I just don't get it.

    Every hole they drill seems to come up trumps and they have a pile of cash in the bank, but ever since BG dropped out, it has never shown any sign of strength similar to what it had early last year.

    Even with the recent rise to 80 cents, it just doesn't add-up.

    Does nobody want gas at the moment?

    Thoughts??
 
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