everything has sucked for at least the last 3 days, particularly banks, energy and miners. WPL is not on it's own.
Oil price also had a couple of down days after doing nothing but going up week after week.
"They're" calling it the correction we had to have. Been rallying a little too gung ho without the fundamentals that caused the crash in the first place being fully addressed yet.
I reckon it's a stock you have to have in your portfolio for the long term for it's gas. The oil won't hurt you either. Don't know if I'd quite call it a buy at this price tho.
Warning: I have no idea what I'm talking about and usually just regurgitate something I've read somewhere else and for every qualified opinion there's another one saying this is the beginning of a long and horrible W shaped recovery and we are on the slippery side of the second down.
Loosy
WPL Price at posting:
$46.30 Sentiment: LT Buy Disclosure: Held
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