Very true, but this was also the case last week when the share price got pushed down to 72.5c. Unfortunately the fundamentals, of which they are many brilliant aspects to in CXO, are not what is moving this share price. It is the big boys manipulation.
Not saying this stock will be held low forever, I am saying that I think it goes lower than 72.5c in the coming month. Manipulation and macro issues trumping the fundamentals.
Would love to be proved wrong and for this stock to fly. I am one of those foolish few waiting and looking to jump in at the bottom, I just don't think we have seen it yet.
All my own opinion.
CXO Price at posting:
86.0¢ Sentiment: Buy Disclosure: Not Held
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