I had second thoughts regarding the BP recommendation.
Later, rather than sooner I think,.
Can't expect a recommendation from them useless they take up a good position first.
With the recent action from 70 to 46, I can't see them jumping in just yet, as they would be fighting the SP overall trend. Remember the SP hit 78.5 in August.
This first overdue Boeing announcement has delayed the projected timeline (with still a number of other steps along the way) approval process somewhat so full FAA approval looks like moving towards the middle of next year.
Can't see them taking the risk of jumping in early. They have plenty of time.
Just thoughts.
SMN Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held
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