Proto Labs, Inc. Message Board
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Why the deep selloff? Anyone?
Why good earnings and yet massive selloff?
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Don't forget about the period between the IPO and when insiders can sell.
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guess they have analyzed. think they have niche of their own. im glad i bought 100 shares back-might add in time.
- 1 Reply to raggwead
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well 100 shares better than none ended well for may.
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i sold bcause margins-the street punish when margins arnt what they expect,sold at 31 but will consider 23-24 only had 200 shares at 27.50.gl
- 1 Reply to raggwead
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bought 100 shares back @25.80. i think it was oversold-the margins concerned me.
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It's a reaction to the earnings report which wasn't terrible. You are now a believer in the old adage " buy the rumor, sell the news." Relatively few seasoned traders hold thru earnings of a newer issue that has had a decent run prio to reporting unless like SYNC it was overlooked, under subscribed, owned it's market few comprehend. There are hidden gems you stumble across.
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I can't make a sense of this either. Normally it was supposed to go up, yet I see stocks going up while reporting quarterly loss.
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