It's funny isn't it that when the stock is rocketing all's well and it will go through whatever ridiculous valuation the latest broker will publish. When it is consolidating, there's always something wrong. We have markets in turmoil, inflation rocketing around the world and people unsure about whether the demand for anything will continue - commodities are the first in line to get nailed. The US, the UK and Europe, are on the brink of recession! Obviously, the equities exposed to these fluctuations will bear the brunt head on.
So...keeping in mind what's been happening around the world, I would think this stock has held up rather well. The daily volume looks quite light as well so speculators are the ones getting shaken out. It's a good yielding stock which will outperform, as it has, over the longer term. Buy and hold. Confucius says man who is constantly trying to pick bottom gets smelly fingers!
OSH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
