I think shorts have been hitting this, and they know nothing of fundamentals. It's now been going down for over a week. Are we going to see a turnaround here? No one seems to be following this except a few.
Short interest at over one million is the largest since 10/15/2012. At a time when fundamentals have never been better. Clearly, they over one million shorts have been looking at the chart, and the rise that looks like a rocket.
Clearly, some short website has targeted MY. Probably because the chart looked ripe for a looting. This has nothiing to do with news or fundamentals. Those two have never been better. I'm waiting to pull the trigger and buy more.
This is always fun when you are long
Short term price movements has nothing to do with fundamentals. It went up a lot, now people are taking profits and going short. Stocks don't go up in a straight line.
I'm wondering the same question. Market reaction to the report has not been that stellar, to say the least.
LIWA might be worth lots, but they don't seem interested at all in passing their profits to American investors. What's the point of great earnings if we never see one cent of them?