yes its called analyst conviction. but most fund managers like...

yes its called analyst conviction.

but most fund managers like me have had it on watchlist for a long time and were just looking for a bottom then you dip your toe in and then wait for a catylyst to go all in.

what you are seeing is a depressed stock taking prozac
One still has to be cautious because anything can happen and with this stock any bad news is really followed up on and hit hard. + the issues are not resloved its just mrkt sees some light with the focus on debt reduction - however STO is not in the debt redn business its in oil and gas

thats why MMP buys at the bottom because it is now going to take some very very impactful adverse news to get back around $3 - i will just sit and ride the waves now - whree can it get to well its been diluted to buggery and oil still needs to behave and coates is still there so hard to say but my next safe zone if you like is at 4.25