No buyers and shorts are pushing harder. If Dow closes down more than 2%, TBSI goes down close to 20%. Who cares if P/E is ridiculously low for TBSI or DRYS
No way in hell...
It doesnt pay to fight an irrational stock trend. It doesnt matter that TBSI is undervalued.
This stock that has the biggest % drop on my screen....E*trade is just behind it. That's pretty sad....makes me nauseous.
Short term, it does not. Long term, this stock will perform and follow its fundamentals.