WHY? Go and have a look at the last 6 years of STX financial reports and please indicate to us all, what was their greatest Net Profit over this period, when the oil price was at its highest average accumulative level in history?
Second point, you have the opportunity to go to your bank and get a loan and buy this company yourself! Be the corporate monster of your own destiny if you believe that STX is a great buy at present.
Senex will not touch such a poor investment. They are in the business of building wealth and size of business to create increase profit moving forward! Going backwards is not an option.
SXY Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
