Brick, quite simple - bring up any chart and use the comparison tool to compare it against a ETF or the like. After my last post I knocked one up and surprise, it's right there. I'm certainly not trying to say they move in perfect mirror, but over the past 6mths, there is most definitely a pattern.
Anyway, I can recall a number of days when I've woken up and first thing checked the price of oil (drives the missus nuts!) and seen a 2%+ rise and sure enough MAD under-performs against the price of WTI.
As many have already stated, the fall (IMO) is a result of concern over production figures and an overall overvalued stock based on earnings. Off the top of my head the P/E is something like 83. Pretty high for a producer, hey?
Brick, quite simple - bring up any chart and use the comparison...
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