/biz/ - Business & Finance

It's amazing how natty is getting fucked so hard day after day. I would have expected at least some kind of a week or two long bounce, but nope this fucker just keeps on digging it's way down.
Funniest thing is that it can still tank nearly 40% lower from here and that would just be a 2020 bottom. With this much momentum there's no telling if it's even going to stop there when it reaches that $1.5.
It's interesting how the companies aren't quite keeping up with the price collapse.
They seem to think the fall is bullshit and are a far cry from their 2020 numbers, most of them are barely tickling their 2022 lows.
That sector is going to quickly turn into one hell of a dumpster fire if the price doesn't bounce from the lows and the company prices start catching up with what the commodity is doing.
Fun to watch from the sidelines how this mess plays out.