Off Topic:
I think OXHP has bottomed here, come the new year, it should be heading
back up, tax loss selling is over, we have a new base forming @15ish, should
be moving up from here.
Technical Analysis showing Boilinger Band converging, it looks to be ready
for a bullish break out in the future.
Stochastic + RSI both very oversold, good for a movement upward.
This one present a good opportunity, since it's not in the high tech sector,
the drop was a unbelievable 70%, it is still a 2 Billion dollar company, and
it will not fade away so easily (even if other company buy it out, it would
be over $15 a share). Book value @8, Cash @8, so we should have the stock
valued at least $16 a share. Looks like a solid long term + short term play.
comments are welcome.
Regards |
