Am I missing something? Was there some fundamental news that came out a week ago ? I dont understand why cedc has been taking such a beat down lately
Jimmy... It looks like earnings are not going to be so hot. I believe the drop in price should be baked in if it is so. I mean its not like AMSC who was screwed over by Sinovel. This is a liquer stock they have to be selling something.
Jedi, please explain what you mean by this:"I believe the drop in price should be baked in if it is so."Thanks
Market is down and people are being forced to sell to cover margin accounts. CEDC has a LOT of those folks in its shareholder "base". Its amazing what people do.
nyc- I like your rationale and hadn't thought of it this way. Makes sense though.