In a stock with this low volume and interest, it is easy enough to take both sides of a trade and manipulate the price
anyone watching this? they are dropping the price, then giving you a bid above the price for you to sell into thinking that's a good price. something big is coming soon and they are clearly trying to get your shares before it is announced, or at a minimum, someone is trying to get as many shares as possible at these low prices.
one thing i know is that HPJ's prospects haven't changed since the stock was trading in the $6's. not likely to go much lower if those business prospects don't significantly change for the worse.
i guess all you can do is add on the way down. something isn't right when you had a $1.2 billion buyout of MGAM and the combined company is now worth under $400 million - and its not due to massive earnings misses or the like. call me naïve, but even your $8-$9 target seems conservative.
they meet on EPS, slightly beat on revenue, lower EBITDA guidance due to corporate initiatives meant to improve the long-term prospects of the company and get hit by almost 20%??? mind you the stock price had dropped 20% in the last month or so already, so this had to have been baked in somewhat. and the topper is they lowered EBITDA estimates to $200-$205 million or more than $3/share. and the stock is selling for under $6???? I don't know what this stock will do in the next few days or weeks, but this will be 2-3x higher by next year this time. if any of the talking-head morons give this stock any press it will certainly be negative because they will always err on the side of the current-hour momentum.
the panic the shorties want to see. you're feeding them. or are you just a shortie yourself? find me another tech stock selling a 1x sales. INTC is about 2.5, AAPL is about 3 and the list goes on. And those are the behemoths. little guys like TSEM should actually get a bigger premium IMO. keep some dry powder and enjoy these drops knowing you can buy more at firesale prices.
proof that stocks will sometimes go down only because they are already heading down. it certainly creates opportunity. but if you aren't willing to stick with the stock through thick and thin, then buying on the way down could hurt your portfolio.
now his sour grapes is showing through even though this is one of the BEST times to invest in gas stations and TA. margins will continue to be great due to low fuel prices and more sales of the higher margin items outside of the gas purchase, and their business model growth plans are strong.
the article doesn't make a convincing argument AT ALL to buy exxon and stay away from TA. the personal agendas in these articles is SO OBVIOUS!
you're saying the sale of fractionals will have a negative impact on the stock price of TSEM??? if so, do you have a clue what you are talking about? how many Kenon holders are there? I have no idea, but lets overestimate and say 10,000 (my real guess would be not more than 500). 10,000 x 0.5 (average fractional share sold, by definition) = 5000 shares. its piddly poop.
uhhh, logan makes a lot more sense than bodeebo. I never knew the charts had anything to do with corporate decisions regarding a share offering.