People just don't get it , the glory days are over for fossil fuels ,it will be a slow grind at best, it's technos and cryptos or any trend thats captured the market . Sxy more follows the Dow Jones going down not up , more than any good news of its own. The price prediction brigade , the shares manipulated guys , the take over guys and the chartists have all got Sxy so wrong for longer than I can remember. It's a good company but in a sector what nobody really invests in any more, fossil fuels aren't fashionable any more, it will be a slow grind at best. I also believe there will be a market correction before Sxy start producing a lot of gas.
SXY Price at posting:
$3.04 Sentiment: None Disclosure: Held