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Computer Programs & Systems Inc. Message Board

  • edgarhansen1982 edgarhansen1982 Nov 28, 2011 2:09 PM Flag

    Why does this stock keep sinking?

    I was in at 51. It has tanked another 13% since I bought in. It has done nothing but keep sinking. A quick google search yields this:

    It appears CPSI uses archaic programs and software for hospitals that the workers find stressful. Once (if ever) this stock goes above 51, Im out. Go for something a little more innovative, as this board is dead, top management is probably waiting for more govt backing to keep this going, this is a low float stock with little exposure, and Im generally getting sick of watching my money lose. Even today the DOW is up 3% yet this stuck is losing. The only good thing about it is a quarterly dividend.

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    • u ought to be able to do better than posting something from almost 6 years ago. Pretty lame.
      When the fundie is done exiting is when it will stop dropping.
      There are some folks now picking up these shares on the cheap. This is not a stock to day trade. Watch and learn. Patience.

      • 1 Reply to stocktries
      • Granted the board post was from 2008 ro 2009, but on the 2nd page, it brings us to the present day. Did you see that?

        I knew going in CPSI was not a day trade stock, but I dont wanna be stuck with a loser. What makes you think it has all this upside given the funding issues? If Obummer is reelected I guess we can call the stock good still....

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