Down by 49 cents. Not looking good but not yet in free fall today. Likely being heavily propped up by those who thought every thing was looking good prior to earnings...
ARMH lost both the 50 and 200 day moving averages yesterday (41.10 and 39.71 respectively) and it has been unsuccessful so far in regaining them today. It is putting a ceiling on the stock.
stockcharts dotcom /c-sc/sc?s=armh&p=D&yr=1&mn=0&dy=0&i=t08013019986&r=1373540973645
The big boy ARM investors have the shock paddles out and seem to be applying them every 60 seconds. But it's starting to look like "Weekend at Bernie's"...
gee Waldo, for those who bght and have held INTC on you'll be fine in six months if you bght INTC at 24.00 way back in June 2010, INTC has been dead as a door nail, but you keep on doing what you've been doing for years, pump INTC, bash ARMH
Talk it up before earnings, shoot it down after earnings. Perhaps ARMH will be manipulated down to the 20's once again?
"Talk it up before earnings, shoot it down after earnings. Perhaps ARMH will be manipulated down to the 20's once again?"
[I think the manipulators had planned to take the stock back up over $50 first. But the earnings conference got out of hand. Their disappointment is palpable...]
h'mm, armh managed to gain a dollar a share during the free fall, lol
yeah, a freefall that took the shares up .80 off the low. wrong way waldo gets it wrong