Tom Winnifrith Bearcast: Why Xtract stinks and moving towards a win for sleepy Joe Biden
By Tom Winnifrith | Wednesday 30 September 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I end with today’s placing news from Xtract Resources (XTR) and the range of reasons why this has become a pariah stock. I start with two excuses for lateness. In the middle, what I made of last night’s Presidential debate. Trump, I judge, won it but not with a knockout. I am not calling it yet but I move my prediction from too close to call to still tight but leaning to Sleepy Joe. It is his to lose now. Correction: the debate host was from Fox not CNN – as stated inh the podcast – but is a known Trump hater and his clear partiality was all too evident.
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