This is a growth storoy stock with exellent management. Well diversified around the world; previous quarters has shown consistent results. Don't get shaken out. Day by day price actions don't mean anything.
You'll wake up this month will a pleasant surprise.
the short interest on this stock is through the roof. volume is significantly down from where it was this summer. this stock may end up moving side-ways until April's annual/q4 release. That SHOULD be a popper of a day since the company will be able to tout a multi-year path into its first "real" profitable year since the scandals/etc. That might be the point where 'new investors' jump in and the shorts forced to cover... driving the price way up. We'll see.
They just said in last week's conference call that their earnings per share next year will be $0.41. Based on current stock price of $7.15 this is a forward PE of 17.43 percent. This would also reflect eps growth of 36 percent from this year's EPS of $0.30 (according to Yahoo).
I agree, very disappointing. This stock just doesn't seem to ever move with any logic...up or down. I always just assume it's due to the small OS and lack of volume, it's easily manipulated....wish I had insight into who is controlling this stock.
I agree, and thats what bothers me. It seems as though someone is always holding it down but the question is why? With fast food going crazy and the report being so healthy it just doesn't make much sense. I have another stock like this that just doesn't make sense and it simply never moves up very much even though the reports are strong and the potential is very strong. It must be the volume being low that makes it easy to manipulate.