Ape
Short

Why SGY Can See a 10% Decline

NYSE:SGY   STONE ENERGY CORP
With the energy sector seeing a strong bull run there have been some companies that have risen with the tide so to speak. SGY             is one of those companies. While YoY revenue has increased since 2011, net income has been decreasing. This can be attributed to the companies' increasing debt levels which has caused SGY             to have its' liabilities increase since 2011. The companies aggressive stance to finance growth through financing can prove troublesome. As shown on the weekly chart, SGY             has seen a huge decline on heavy volume . SGY's first line of support is at $40
Nice clean chart and write up Ape. I put this on mu radar just under two weeks ago and looking for similar.
Reply
Ape alfred.m.jones2
Thank you
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out