This stock more than tripled in a 6 month time frame. I think toward the end of the big run, it was fueled in part by being a VectorVest top pick. I notice they've got it as a hold now. With good earnings it may start another upward run, but not as dramatic as the one we've just seen. JMO
I've been buying into stock splits for years and this kind of activity seems to be typical. There are traders who play into the momentum leading up to a split and then sell. This could partially explain the dip.
Yahoo Insider Trans shows Rollins acquiring 60M shares on 12/10 (non open market). Is this correct ? Is this issuance of new shares ? If yes, it is quite a dilution of the outstanding 148M shares ?
Could this have anything to do with EPA regarding the fracking controversy? I have been following this stock and missed the huge run. I don't want to buy if there is some negative news not being reported. tia