I wonder if SXY has a higher % of staff, because maybe it does more stuff in-house than the others?
so maybe the others hire contractors to do much of their technical type work? that could explain the higher staffing levels.
That staffing level comparison is a question for the coy to explain imho.
This POO drop is a watershed for SXY (more so than for DLS and BPT).
The big question for me now is:
who is selling? (because this is significant volume)
and
who is buying ???
I don't think it is churn, because there is sustained selling pressure - all the way down.
so who is buying?
the announcement today was to address (but not fully answer) the questions re cash flow, cost cutting, cap exp, prod levels).
So they are focussed on that, and are clearly trying to address the issues affecting the decline in SP.
But for my mind, there is simply no enough concrete detail in the announcement.
I worry when I read some of the "fluff" language.
I would like to see some actual figures.
who is hoovering-up these shares?
SXY Price at posting:
24.5¢ Sentiment: None Disclosure: Held
