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Velti plc Message Board

  • osur_top_fan osur_top_fan Jan 31, 2013 2:58 PM Flag

    Well, its not getting better. Seems the sell-off will continue all day. It is already late.

    Only one hour to go. I dont see a recovery in this today. Maybe just more sell-off. Big short percentage. Low float. and it is still tanking.

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    • Remember the last time it tanked after last earnings. It stabilized right here (3.7x) for about a week. I know because I got suckered into believing it was the bottom... then whack! All the way down to 3.07 and settled in at 3.25 before the slingshot back to 5.99. So there could be one more short play left to go... this time sub $3 on a down day. Then a big short cover and we're dead in the water for at least six months.

 
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