Q: Do you have any near term concerns on adding to one's SOBO holdings? Are fundamentals and the outlook reasonably solid for this company, and the sector?
Avoiding one of those "why is my XXXXXX stock down today" questions, I will say that I have noticed over the last 6 months that the pipelines have been generally drifting lower. I am assuming this is just short term sentiment / sector rotation?
If all looks good to you, my intent was simply to add more SOBO at a favourable technical buy level.
Avoiding one of those "why is my XXXXXX stock down today" questions, I will say that I have noticed over the last 6 months that the pipelines have been generally drifting lower. I am assuming this is just short term sentiment / sector rotation?
If all looks good to you, my intent was simply to add more SOBO at a favourable technical buy level.
5i Research Answer:
We haven't found any solid concrete explanations for the sector weakness, so we can only assume...