I am usually wrong about this stock and am a admitted bag holder.
Could I continue to be wrong? I say the stock will drop Below $4 ,I would be betting on this except I now don't have the $$ to do so.
Thank you Maggie for lying to all of us about that stable divy.
Your alleged "Hold" sentiment is inconsistent with your assertion that the stock will drop (presumably for more than a nanosecond) below $4.00. I, too, am a "Hold," and believe that there is every reason to believe that this stock will hover betweem $4.00 and $4.15 for the next few months. Short of results which exceed market expectations by at least $0.02, there is no reason for this stock to move much beyond $4.15, and unless the earnings fall short by more than $0.01 the $4.00 mark seems to be a fairly consistent market support point.
There is NO alleged sentiment, I have been Wrong on this stock numerous times. I am still hoping I can unload the 12,000 plus shares @4.70.
I might even try to share average down again if it goes below $3.70
It ought to be pretty clear that I don't like the management rewarding the CEO for her disasterous performance and her outright lying. She should be fired IMHO.
They intentionally did the dividend announcement because things will continue to be down hill. I do not think that the CEO has anything going for her business wise. We need an imaginative and vibrant CEO.
Margret doesn't cut it. For the life of me how does she get on other boards since she is such a failure here?