I got out of STX a month or so back, after going nowhere for 3 years. Along similar lines to a previous comment, my worry was (is) that as oil and gas prices rise, companies in loads of debt will accelerate production to help pay the bills, and force price back down. The greeny in me also thinks the need for large volumes of gas may be short lived (either renewable energy will take off faster than gas to replace other fossil fuels across heating & manufacturing, or global warming will heat the planet sufficiently to negate heating in homes.. .ha ha), reducing demand and crashing prices again (i.e. structural decline).
I did like the company, but could no longer justify sitting in the stock, and it felt like a good opportunity to jump out and pursue other market opportunities. Best of luck to current SH's.
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16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $472.7M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.3¢ | $1.022M | 6.141M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 1067453 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 2798895 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 1132414 | 0.165 |
68 | 5597521 | 0.160 |
26 | 1379735 | 0.155 |
44 | 807970 | 0.150 |
11 | 612098 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 2700224 | 47 |
0.175 | 1616370 | 16 |
0.180 | 1160043 | 12 |
0.185 | 871663 | 19 |
0.190 | 1223670 | 19 |
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