I tried to buy yesterday at $2.58, but my order did not get filled. Yet, many people were able to buy at that price... What gives with the MM? Are they only selling shares at that price back to the company? I also saw that in AH someone was able to buy shares at $2.51, be it only 100 shares... who would sell at that level? Perhaps someone trying to drive the price down even further. Such total manipulation!
The first quarter is always iffy with this sector... I'm going to nibble on some shares at this level. I'm not sure if we will see the rally like we got before the previous earning report, but I feel that the report was good enough to keep from trending downwards at this point. The market had already priced in much worse and the guidance was good, so I think we will see a climb back up between $3 and $4. I'm hoping so anyhow... It always depends on the global pulse and we are in an election year, so I'm thinking that usually the markets are up. Plus it is also an Olympic year. If we continue to see more job growth and if gas prices stay steady or start moving down there would be reason for a summer rally.