Is there some kind of Jewish holiday? Why are all the Israel companies down? RDWR is a great company with a greater future. There is no reason why we are still in the 20s. I want it to move into the 30s as soon as possible.
means nothing. just some small day-traders playing with small money between themselves. rdwr got today a positive review from P-J and nothing has changed. when rdwr was in the 15$ zone,only 3 weeks ago, people were also bearish. since then it made 92% up and it has the potential to do so again.
Here's what I noticed this morning. There were a couple of trades of lots of 1000 or 2000 very early, which dropped the price 1/2 pt. May have been very light insider or employee stock-holder sales (can you blame an employee who needs some cash for selling 1000 shares?)
then what looked like the year's slowest volume for more than an hour. Later, with total volume of about 40,000 shares for the day, there were what looked to me like orchestrated trades involving of 100 or 200 shares in quick succession, twice... and these moved the price down between .75 and 1, each time. That's today's price drop! It gets consolidated a little, when small stockholders panic, or someone sells stock for some other reason. But, basically, it's misleading.
And it looks to me like a shorts' game, trying to shake loose some shares, create fear wherever possible, and cover short position taken at the high a few days ago, at the lowest possible cost.
Anyone who draws conclusions about RDWR based on action like this morning, errs.