sm

[mkarpoff]

Oil up tofday, but sm takes it on the nose. Any particular reason you can see?

[setliff]

fwiw, i think it was profit taking from yesterday-----and btw,

Analyst Actions: Barclays Reiterates SM Energy Company Overweight Rating; Lifts PT to $40 from $32
MIDNIGHT TRADER 1:56 PM ET 8/4/2016

[dan_s]

There are lots of day traders working in this sector. They love the big swings.

SM only has 68.3 million shares. Take a look at their trading volume. Very high for a company of this size.

Take hard look at row 47 on the SM forecast model. It trades at the lowest multiple of CFPS of all of the Sweet 16 and there is really no justification for it.

[jb2257]

It's interesting that S & P Global keeps a sell opinion on SM with a $21 target. I wonder if that is what's holding it back or do they just not understand the company?

[dan_s]

I have given up trying to read the minds of Wall Street analysts.