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Gigamon Inc. Message Board

  • moneynow27 moneynow27 Feb 6, 2014 8:13 AM Flag

    Is there an issue with this company that I'm not aware of?

    I went long before the ER release the other day, and I thought the report was pretty good, although not great. Regardless, why did the stock sell off, and then not recover near where it opened? For a stock that's well thought of by analysts, it seems to be struggling technically. Anyone know why?

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    • I'm a bit confused as well. The most recent Motley Fool article really did not explain why it dropped and recovered as the title of the article would lead you to believe. Was mostly commentary, no thoughtful discussion. I think it was the re-issue of an article regarding some unsupported accusations by a 2nd rate law firm. Or, there were some who got in and out quickly for a very short term trade. Business appears intact to me.

 
GIMO
53.60-0.41(-0.76%)Sep 23 4:02 PMEDT