Good to see, hopefully it keeps going... Most of my layers are nearing long term cap. gains, and since I never heard a valid reason for the drop, I held onto all of my existing shares...even layered in a small position in the 2.40s. We'll see how it works out, I can stomach short term volatility as long as the long term story still pans out, hopefully all is well in the earnings call.
It could be doing an NLS - which headfaked down for several days into earnings, then produced a buy signal (americanbulls) the day before earnings, then popped to a yearly high upon earnings announcement
While that's true, with regard to NLS, I was suggesting looking more at the performance over the past year., how the shares were beaten to a pulp a year ago to the low $2's and then since the summer how it's come all the way back to where it is today - trading at over $8.
If you're looking at the trading around earnings, that may be interesting to try to understand why there may be a decline in the stock price. However, I've learned that the big gains come over a more extended time - the same conclusion you've come to with JSDA. We want the big wins on both. What we see happen over a few days or a couple weeks really shouldn't matter over the longer term....no different than the market in general.
its a huge drop for a whole week already not just today. Clearly, someone knows of the disaster theyre about to release next week. Things must have turned very much to the negative for the company's operations. I'm guessing we'll see the $1's next week after they release a huge loss instead of the "anticipated" small positive eps. This may be a very nice value trap, but too early to tell, I guess.