A holding company which operates in the component products industry through its majority-owned subsidiary, CompX International Inc. The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc.
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You'll need more than penicillin to cure the hurt from buying this one.
I'm deleting NL Industries (NL) from the Barchart Van Meerten Speculative Portfolio for negative price momentum and :
1 - Trading below its 20, 50 and 100 day moving averages
2 - 40% Barchart short term sell signal
3 - Lost 12.77% in the last 5 days
4 - 14 day Relative Strength index is 37.65% and falling
Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.
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