Short sale circuit breaker was hit yesterday at $1.82 -
ALSK Alaska Communications Systems Q 5/16/2012 1:29:01 PM
And it's not that much money either. I just took a HUGE hit on CEL, but now ALSK is exhibiting a similar trend, and I suspect that underlying this activity is the symptom of our entitled society. People behave as they will. We are opportunists. Unfortunately, good companies - companies that are fundamentally well-run - suffer from human greed. Today's trend for ALSK looks better. I wonder if $1.85 was the hit price for a lot of shorts and now they're having to buy. Nokia seems to be in the same boat right now, but Nokia is under book value. I will be buying more of it because I believe in the company and its ability to turn things around. Unfortunately I'm not as educated in Alaska, but I'm working on it. Another 400 shares isn't going to break me. I just hope it doesn't plummet to nothing.