Funds managers are taking a break.
So shorts are playing with the stock price.
They have not covered too much yet.
We should see $16 next week.
Sentiment: Strong Buy
I wonder if, on such a small stock, someone would pin this to $15.00 for options expiration. It surely seems to have wasted no time going to that value, but maybe that is just a natural support / resistance level?
Upcoming investor meetings on August are going to bring in more institution investors.
The fair price for this stock is between $15 - $18 for now(8 - 10 P/E).
After Yahoo updates the latest financial numbers in a few days, this stock is going to look more attractive to institution investors.
Seriously?? Institutional investors are looking at Yahoo updates to make their financial decisions?
I do agree that stock has great upward potential this year.