Im not trying to increase my profits by scaring you longs. I am simply doing you all a favor and letting you know you still have time to get out and save some cash. This stock is going nowhere but down. CI cant save it with his money. Nuance is simply a debt ridden over leveraged company where sales will start falling as it is stock price. Cant service the debt and pay the payroll so they start laying off. You get the picture. Its happened to many companies. Nuance will be no exception. Wish everyone good luck.
Richard. the chart has looked rotten for weeks. Any of us who are holding are not in this for a quick trade. If all those bearish signals didn't get me to sell, you don't have a chance pal. Not to mention... as of recently, smart traders would have been out of this in the 18's. Only dumb money and stop losses etc are getting out down here.
Yes, I understand but that is only in the here and now. As many investors know, the market looks down the road 8-12 months. The smart money obviously does not see bright things ahead for nuance or the stock would be setting new highs, not lows. Ive been investing for 20 years now. Seen the crazy bull of the 90s and the bear just recently. I believe the debt, along with lagging sales will sink nuance. I am short so I am obviously stating my point of view and the direction I need/want the stock to go. I could be wrong just like all on here.