What I mean by "sick" is that the sector is extremely bearish across the board. This makes it very hard to sustain any meaningful uptrend , even with good fnancial performance. We see it in all sectors.....a whole sector will be universally bullish or bearish. A bullish sector will uplift even the laggards & bearish sector will drag down the better ones. It will be an uphill battle till the sentiment towards the industry change, perhaps through consolidation , M&A , or some other means. It seems this industry has a problem with huge overcapacity , hence the fierce competition with the paticipants cannibalizing themselves.
BXN Price at posting:
3.0¢ Sentiment: None Disclosure: Held
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