We'll need to see consecutive days/weeks of green to confirm this. A single (small) green day after a week of red isnt enough to confirm a rebound for me unfortunately. Its frustrating because companies like NHC/WHC struggle to be properly valued in the first place, then the second there are some negative headwinds (eg a 11% drop in coal futures in one night) we see a direct drop in share price which is currently down 8.8%. Even if we were to see a 15% increase in coal futures tonight, I doubt we'd see a 10% increase in share price. It just doesnt seem to pan out that way which doesnt seem fair.
NHC Price at posting:
$5.85 Sentiment: Buy Disclosure: Held
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