Neu just looks like it is following the general market. We had the big seller, that kind of spooked the market a bit, the shareprice recovered quite nicely considering the lows it hit during the day, then you have the dow dropping 900 points and more over the course of a few days. During that time the market looked like it was gonna recover and futures were up in the green only to close red again. This imo is the reason neu tanked as hard as it did. If we get some big green sessions in the US markets then we will see recovery. Maybe not though.
Investor are going to be watching which way its going, is the market gonna tank even further or do we have maybe 1 more day of pain before it beings its creep to new highs?
NEU Price at posting:
$2.12 Sentiment: None Disclosure: Held
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