During the last 2 months this stock has fallen nearly 50% on close to 3 times normal volume every day. The stock closed up at most only 7 or 8 days during this time. Why did this happen? The last earnings report wasn't horrible. Revenues grew nicely but the company said airplane delays caused one segment of the business to suffer and the weakness was expected into this quarter. Improvement was expected in the fiscal year first quarter. Nothing justifies the price drop. The closing low during the 2009 crisis was $11 and that was when the world was going to end.
Who is doing all of the selling? I'm worried there is something out there that is known by eveyone but me. Why haven't insiders jumped in and bought stock? Given what I know this stock is CHEAP. I'm beginning to feel weak in the knees.
Wish I had known about GTI earlier, As Reported by Reuters, GTI is the foremost manufacturer/ internstional supplier of Graphene products. Reports say it will make a Very Great impact like Microsoft & aapl did. It is the mother lode of New and extremely fast technologies like the 3-D computers, 3-D printers, Defense Technologies esp. the INVISIBLE CLOAKS. Leading electronic makers are lined up their door. (I ONLY HOPE IT WILL NOT BE MISUSED LATER!); products all the way down to better roofing materials, etc. Reports further say Graphene is supposed to be very pliable but even stronger than steel. It makes potable sea water & may be to irrigate arriod areas or even deserts for agriculture (& jobs) that are badly needed to feed the world. Oxford Club says the special manufacturer is a $9 stock and comes from MidWest.
My DD points exactly to GTI which now has 19 plants and comes from MidWest. Check Recent Google Graphene Manufacturers and others but most of all do additional DD. I am quite exited of many upcoming Graphene applications that could better the world we live in. GLTY.