yep could have been a much worse day so positive it finished "only" 2.7% down I suppose.
15 months in a downtrend and 55% off of highs. This quarter fundamentally has been quite positive so makes me wonder what/how is this going to turn around. I'm thinking the macro/sector environment is the dominating trend and until that turns and/or closer to ph3 results then neu will continue to drift lower. so does that mean another 1-2 years of drifting lower? I hope not, but things are certainly not looking good at the moment and difficult to see a catalyst that is going to change the current trend lower.
NEU Price at posting:
$11.93 Sentiment: Hold Disclosure: Held
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