But what the heck are the underlying reasons for these swings. A jump of over 35% in one day is really abnormal. I know it was kind of oversold but again we don't know why it was selling so much given there was at least the hope in the management change being good news.
Then we get this huge jump today. No news of course but a dramatic increase of 35% in one day cannot be without solid reasons.
I'm also hopefully it's a start of something positive but we (shareholders) never know what is behind these volatile swings. In all my other stocks, fluctuations are well known and have good reasons to back them up.
the decline was a bribe for the CEO to get his options priced attractively by a big shareholder. The shareholder can't drop the price long term because his investors will complain. I wonder what promiss he got in return from the new CEO
I'll trust your word, but is this all legal? I know others said the SEC was informed before by investors about these kinds of things but isn't this obvious manipulation that can more easily be investigated?