yeah a 40 cent drop from the high of day and now in the red ... a joke .. many are dumping into the news .. volume is very telling this is no MM manipulation .. management has really done a pathetic job and we the shareholders are paying for it ...
In like a lion....out like a lamb. I think someone, at the end of the day, cleared all of the shares for sale at the ask. So that is saying something about Monday thru Wednesday, imho.
Pre and early day trading was significant. It looks like the money that came into the stock in the morning were buying above two dollars and the stock slowly dwindled during the day, ie longer term holders who just wanted to lock in some profits. The stock has more than doubled in the last year so I can certainly forgive many who want to take a portion of their portfolio off the table.
Two steps forward, one step back. I agree with you that a couple of nice orders before the end of the year are necessary in order to keep the stock moving upward. We shall see if anything comes of that state department opportunity and the maritime business that Brown mentioned in the telecom. Those could be immediate game changers. If the US embassies have a certain strategy for protection, you can bet that other countries will take notice. Even Iran's facilities have been attacked which means everyone is vulnerable. I have to think that those in charge at the state department know that all of the foreign service workers reporting to them will expect the best possible protection during their overseas assignments. I know I would.