Oh yes I see things exactly the same way, I am very interested in why people are selling, the ones you choose not to buy are the ones which define you as an investor.
In the case of MRM and Teekay unfortunately the financials are not good enough. If they were I don't think either of us would be on the sidelines.
Definitely not worried about further deterioration in the business is my point and that's why I specified such a strong example. It's had such a fall the only way from here is up but as many point out the capex cycle will lag of course.
Best wishes with the technicals goldbear I do the absolute opposite and only buy companies based on the financials with a spinkling of contrarian Macro in shareprice downtrends.
GLTA.
MRM Price at posting:
28.5¢ Sentiment: None Disclosure: Not Held