'sydbod' pid='29470' dateline='<a href="tel:1380759 Wrote:
'trans' pid='29454' dateline='<a href="tel:1380739 Wrote:I find the first stocks making new highs, and especially all time highs have a high historical reliability of being market leaders in the next bull. What stock was the first to make all time highs from the last bear market lows? .......Interoil...... That should send a message to those looking for superior hidden fundamentals. The bulilish symptoms are still there, imo. trans
Just thought I would check this out, as it could be a usefull indicator for me in the future.
Did a quick comparison charts between IOC and OSH.
IOC looks poor in this reguard.
sydbod
So a contrarian money manager would say IOC needs to catch up to OSH , which was the purpose of the post. Fully explains why Citi put a sell rating and $7 target on OSH. Remember Syd I recommended you sell OSH (stock was near$10)several months ago and buy IOC.
Citi agrees with sell OSH and they do not cover IOC.
One needs to compare the market cap of OSH vs IOC and the stock price chart shows you to dig more. Why does OSH have 3 times the market cap of IOC ? Most would say an LNG deal with Exxon and current cash flow. Shows how excited Mr Market gets with an LNG deal. Both charts reflect future cash flows from LNG revenue.
So OSH will come down in price and IOC will go up. And will go way up per the chart, the market cap comparison and some time to wait.
Received several text messages for the chart look ats. Please don't take your frustrations on deal timing on other posters who want to help point you.