sombody should kick the in the ass.
There was never a coverage of WOOF from Smith Barney Citigroup
Why they do a coverage starting with sell?
Is it possible to start a Class Action against
Smith Barney in the Name of the Shareholders?
Is it possible to involve the SEC?
OK, That was a wild ride!
While I'm confident in the company and the stock, I would not be surprised to see us dip a bit again.
I still believe this is a good longer term entry point.
I also wonder if this didn't have something to do with the refinancing of their long term debt.
Anyway, another stock going through a similar pullback for no apparent reason is FHRX. Do your own DD.
Ironically, I love the demographics of this industry.
Five years from now, when the stock price has tripled, the memory of this will haunt me. But....
This roll-up just seems so neat and well orchestrated that I'm a little scared at present levels. This may be a new company, but management has gotten seasoned advice from someone, which gives me special pause when I see Tauber (Sr.VP), Antin (COO), and Fuller(CFO) engaged in massive liquidation of their positions this year.
Darley, you have a damn good point. For now I'm going to hold, but I won't hesitate to walk on one more bad piece of news. If the stock moves sideways for a few months, then I'll be content.
Longterm this company is a buy - it reminds me a bit of Dean Foods, growing like crazy in a non-growth industry.
FWIW, I place more confidence in S&P than the others, too. Particularly on this company as I've been reading their reports on Antech for a while now.
Smith Barney I certainly trust over BoA.
This is a major support level. It was easy for me to consider buying here.
If my prose seemed terse to you, I apologize. But this type of insider selling is a roadmap, so why take chances with your precious capital?
You must be very sceptical of a company whose securities are in a period of "distribution."
These are not normal, compensatory, cashless exercise sales.
I don't know if you go to the races.
The top jockeys with opportunities to ride more than one horse in a race are quite adept at selecting the horse who is not going to win. It's not crooked. They just may know that the horse is not in form or having a problem. Picking winners is hard, because you don't know about the other horses. But picking a horse to lose, when you have ridden him before, is easy.
Massive selling by WOOF insiders tells me not to bet against the jockeys. They obviously think the stock is a bad bet at present levels.
It's like one of those jerk shorts who comes on the board from time to time -- except that some people apparently listen to Smith Barney. Who make money "the old fashioned way". They bash stocks and buy them on the cheap.