where to from here, page-3

thirsty...

Research the company...their prospects...their potential...their people...then compare to peers.

Recent selling has nothing to do with any of the above...and everything to do with the international scene.

Simply put...we have more people selling than buying...as such, the price falls.

This in no way suggests people are not interested in the story...or do not feel it is currently cheap...but simply sitting on their hands, either for safety in waiting for the markets to make an obvious turn, or indeed simply because they feel (hope) they can get stock cheaper.

Simple fact is, the sorts of funds that were recently flowing into stocks like SXP have temporarily dried up.

In my view, this is a very temporary situation.

Regardless however...as will be the case with all stocks in the current market climate...a point will be reached, where even those people preferring to sit on the hands right now, will feel the stock is cheap enough for them to at least buy a few...then maybe a few more...then maybe someone else will see that as a sign to buy...and so on.

Fact is, all stocks that retrace...well nearly all...need to go through this process of testing the boundaries of the highs and lows, before it can be free to forge new, or indeed, reclaim recent trend lines.

SXP is a significant value equation...the current wider market caranage can only influence the stock so far before common sense prevails...and like any form of reactive event, we typically see lag and overun.

If you like it buy it...if not then don't!

lol

Cheers!