Don't like the way the markets are acting in general, CNSL in particular going into summer season. Also Not sure which way the upcoming rate hike will affect the dividend stokes.
Been in almost 3 years and still had plenty of profit. Got in around 17 and held through the splits. Sold some on the way up, but should have sold it all in the 90's and got back in. Lesson learned. I didn't like news of SSYS cutting workforce and I also think that since a lot of DDD revenue is from other countries, I am fearful of the effects of the strong dollar on earnings. I'll be watching, to get back in later this year. GLTA. Since I sold, the will probably be bought out tomorrow for a tidy sum! GLTA
Bull. See the following link. http://finance.yahoo.com/news/3d-systems-innovations-acquisitions-drive-145002124.html They have been bashing DDD with a strong sell for days, then this analyst goes to a hold. Although their math formulas may work for some, their analysts are still just bloggers.
Not real sure how these HFT algorithm programs are set up, but I just don't see how there are longs that are selling almost 2 million shares a day, lower and lower. It's got to be brokerages selling shares back and forth with some predetermined plan to keep lowering the price to a desired point. All along they make money by buying low selling higher as they drive prices down, or shorting and covering in a similar way.Every now and then you get some scared longs giving up, adding float to their scheme. Who knows.
knows exactly what is going on. Likely, something to do with the secondary or buyout, or some big player buying into the company. They said be patient, so they know what's going on. Probably are in a quiet period based on an agreement.
im not selling my core shares, i am prepared to loose it all. But i am not stupid enough to buy any more trading shares yet either. heck, it may well make it to the twos. im waiting.
still this manipulation cant be legal. What a great SEC we have.
You don't get this much action for a 4 dollar stock, that is going to crash. The future is so bright, we gonna need shades.