The recent buyback of one million shares has been a strategic plan of ITRON since the publication of their completely pessimistic quarterly. They have successfully screwed all of us. Get out of this fucking company now or continue bending over for ITRON to give it to you in your ass.
Don't sell now or you will be suicidal soon when the stock takes off when they announce a new president. hold on..in the history of this stock every time there is a good announcement it rockets and then when there is a bad announcement it plummets. I have been riding this stock up and down for over 2 years, it will be going back up soon according to my long term chart....
Likewise, I've held this stock for two years. First time,I bought them @ $22 even then they dropped to $14 but bounced back so I sold half of them for 25 and the second half at $29, all within six months, making a huge profit. Again,I bought them in two lots and two prices averaging at $24 and saw the price go up to $27 then declining to present value. Now I'm confident it will bouce back with the first news of a new sales.
I have to agree with you that this stock is volatile and very sensitive to news about sales but doesn't do well on earning reports, like the one today. Where did you hear about the CEO being replaced?
Can't this board be more civil and fact-oriented instead of such splenetic ventings? I agree that ITRI has been a short-term disappointment but if we just discussed the facts instead of screaming at each other and the company ,wouldn't that be more productive? Otherwise, it tends to drive away posters who actually have useful, factual info both good and bad.