I think its a pretty reasonable potential "initial" MC 1982 with the plays they have....... they just need to prove them up 1 by 1 and deliver over time. The upscale potential is enormous.
This is an LT all the way position for me until I see a legit reason or signal to exit.
Very encouraged by the price action today, I would call bottom in, bring on the news and oil & gas....... flow
When the big leg up comes I am expecting one hell of a ride. Chart patterns like this produce Elephants.
cheers for all your efforts with the links and info V8 and others, Had to laugh at the "had to leave the room" comment.
SXA Price at posting:
30.0¢ Sentiment: None Disclosure: Held