Hello again Eric---didn't I just comment yesterday that people are pretty stupid if they are selling a week before earnings, after a gigantic drop from $3 to $1 before the earnings?
Okay cool. Didn't sell when it was $8.80 as I know it often goes much higher than that during it's runs. In fact, it was 10 bucks not more than a week ago. I don't mind waiting--it seems to have a couple of nice runs in it every week.
If it has bad earnings will it tank or is it already priced in? Remember, this stock was over 3 bucks just a month ago. No real bad news has been released to public, so thinking it just might be shorts (you gotta assume the long-time longs wouldn't sell now---whats the point).
Didn't see what the bad news was today----any idea why it is down from $8.80 yesterday to $7.45 today?
Obviously there was some bad news, as it is down 5%. Yahoo news doesn't show anything new today--can someone please enlighten me regarding what was the catalyst? TIA.
That 60% growth rate each quarter that you are accustomed to each quarter is not sustainable forever. Same thing happened with the growth rate of Apple iphones---the sales are still good, but growth rate is much lower.
This will be the first earnings call in awhile where the stock should rally regardless. Poor earnings are already priced in---this thing was around 3 bucks a month ago, so lost half it's value in anticipation of the call.
On every other trading day for the past week it has traded over $5---July 15th, 17th, and 21st. So get ready for tomorrow again.
So you are admitting you are pumping? Why get in now---you guys are all gonna dump when it gets near $4? (so it's too late)
I told you all the bottom was in yesterday. Do you believe me now? The shorts obviously did not appreciate me saying this publicly, based on the 2 "thumbs-downs" that I received.
Agreed. Bought in this morning. It was just over $10 as recently as late last week (either Thurs for Fri) so would anticipate we would get back there in the next day or two.
Looking at the last 10 days, twice it peaked at 5.78, once at 5.79, and today 5.80. Just have to break through here. (I'm sure the shorts are watching this carefully too)