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Zoltek Companies, Inc. Message Board

  • andrewroberts2005 andrewroberts2005 Nov 29, 2011 3:44 PM Flag

    DOWN TODAY because?

    Just another great day in the life of OWNING ZOLT SHARES!!!

    Lets see now. Is it down pre earnings release,
    because the shorts are covering?
    Or are the FUNDS managers pulling a percentage because EARNINGS are mostly way off predictions.
    or has the numbers already leaked AGAIN!!!!

    I do not get it. Their debt is only like 5 million right? They have loads of product all ready made and sitting there. They have capacity to supply vertually any large contract agreement. They have the lowest prices. They are in better position and shape than they ever have been before!!!!!!!!!!!

    Yet the stock has gone from $16 down to $5.80!!!!!!!!!!!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Stock prices don't go down when shorts cover... it's the opposite..
      But my guess is it's a classic "Buy the rumor, sell the news" trade. It happens quite a bit for stocks around their earnings release. Not many people can accept the volatility.

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