I am back in. When the market makes no sence then i buy volatility. Price is rediculous on metrics. Having said that, my order was 50,000 units and it got eaten alive by BOTS, so there is big money out there selling this down and i have for the life of me no understanding as to why. 28.80 for this stock is a bargain on mathematical metrics alone. Some good reading here. I agree with it that the Saudis can simply not afford to have a lower oil price from where it is now. https://www.bloomberg.com/news/articles/2024-04-18/saudi-arabia-needs-oil-price-near-100-amid-opec-cuts-imf-says?srnd=markets-vp&sref=4jN770vD All the best to traders & long term holders alike.
WDS Price at posting:
$28.90 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)