They posted it, not endorsed it.
Their object is to snag eyeballs/readers..
They have never said they were responsible for their writer's content,
and have a history of presenting contradictory opinions.
Everybody gets to mouth off, we get to decide if we are gonna believe it or not.
It's obvious it's a crass short attack and not to be taken seriously.
They are gifting us the opportunity to add shares cheap...
I'll shrug and thank them.
Because I have a suspicion they may be on this whole conspiracy. I know several people have tried to submit possitive articles to SA, but they will not publish them. Nevertheless, they publish these hit pieces full of inaccuracies. I just made a very negative comment about SA specifically on the newest Gotham article. It is now awaiting SA's approval. If they do not publish it, it will even make me more suspicious of SA.
I agree that this hit piece is not having the impact the last one did, but I am curious about the volume. It has been very light. One would think that institutional buyers would be loading up at this price if it was such a no brainer.
For the last week or so we are just seeing mostly smaller buyers and sellers. Not the kind of volume that would suggest big money at work...buying or selling.
Not neccessarily on the institutional buyers. Most of them have certain established investing strategies and risk exposure that they invest based on. Hedge funds would be the only ones that really look for cheap prices and market swings. And they all probably realize (as we all should) that the 15.50-16 range is where we will be until the earnings release. After that, it is all contingent upon how well or poor the numbers are, and I would expect money moving in or out accordingly. Personally, I see enough evidence to believe the numbers will be better than expected, and/or, some very promising forward looking statement that will drive the price up. I would be very worried if I were short right now, and woul try to cover my position prior to the 14th