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Digirad Corporation Message Board

  • dalton880 dalton880 Jan 6, 2014 3:56 PM Flag

    Why is this stock acting so bad ?

    They just had a blockbuster Sept qtr, and management said this is the beginning of a turnaround. Plus they'[re paying around a 6% dividend. What don't investors like ?

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    • I just bought more this morning. Big earnings turnaround, dividend yield of nearly 6%, and heavy insider buying. What other Nasdaq stocks have rapidly improving earnings and a fat dividend? DRAD one of the best plays out there IMO.

      • 1 Reply to stokluver
      • good job friend.

        I'll buy more if we see $3.30s

        I am certain that the current share price weakness is entirely because of folks who bought on the run up, are only looking at the short term, and really have no desire to understand the future or be holding for any long period of time. This is easily seen by the price action today - markets go wild, the short-timers simply want to sell and try to hop on the next momentum stock.

        I am certain the shares will be trading between $5 and $10 (closer to the $10 by end of) this year as we get four consecutive quarters of profitability.

        I'm using the opportunity to slowly pick up shares as short-timers have a need to sell and push the price lower.

    • Don't question it - take advantage of it.

4.90-0.10(-2.00%)Oct 24 4:00 PMEDT