Forgive me for this post, I am trying to rationalise an irrational market.
TFC is exposed to commodities, albeit it pretty much has a monopoly on their commodity and has contracts agreed. We are also anticipating further contracts on the same terms.
Has the market sold off TFC because of the dropping crude oil price? The shorting of TFC began around the same time as the crude oil price was beginning its fall from grace in early 2014.
It makes no sense to me, but there is a possible correlation there. Stranger things have happened
TFC Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
