HAHAHA...Well, turds float too, at times...not much more downside...I coulda been in commodities and gotten whacked 20% this year. Still sitting around $5.05, where I'm in.
Some education stocks have been hammered on coming new "regs"...for the strong at heart? COCO/APOL / ESI...etc
GLF has also been hammered...and then there's the refiners, like MRO/TSO (don't own em')...
There seems to be some "out of favor" sectors out there, which have HUGELY underperformed the last 52 weeks / with decent valuations to boot...but it's difficult to pull the trigger on them , for many timid souls...but I generally see rotations occur...like fish swimming around the lake...they come back at times...
You knock things down as much as ones like ACET /GLF / COCO / APOL etc, AND THERE'S NOT MUCH MORE DOWNSIDE TO GO......
Or you can watch CNBC or Cramer, and FOLLOW THE CROWD...as many did, into 'can't miss' commodity stocks...and then get whacked, as the big boys exit with the money...
It's a tough CASINO !! As for BKC, I got a tad a few days ago...around 17.45 I believe...I like the burgers @ the charts, and if OBAMANOMICS works out as I expect, even the rich will be eating at cheap, fast food places soon...( I grew tired of McD food...)
I owned Aceto for about 3 to 4 years back in the middle of the decade - I just checked it after reading your post and see that it STILL is just sitting there like a dry turd, has not budged since then. Avoid!
Check out the INVESTOPIA article on micro stock picks for 2010...lists ACET (one i've mentioned as a deep discount/value play)http://stocks.investopedia.com/stock-analysis/2010/Micro-Cap-Picks-For-2010-TA-HNR-HPT-SPAR-ACET0114.aspx?partner=YahooSA
goooo Sonic !!!
I expect share price to decline another $.50 before market closes.
They are leaking badly and the earnings report confirmed the Insider's belief that going forward, the news won't be any better.
I'll buy back in at ~$6 but in the meantime might I suggest, avoid at this price.