Well, I don't agree, but because I don't trust the market. I believe its extremely manipulated.
If someone were able to promote a move down in a month of almost 40% on no news, I would think the chances of seeing a Form 4 would be good, but it could be a coordinated attack.
The Indexes overall are still very near their highs. A correction could be forthcoming, but if that were the case, this and maybe a few others, must be leading market indicators????
I showed a lot of patience here, so I thought, but they got money from me after crashing it to the 200 and below, so whoever it is…congrats….It can go up now.
There's too much risk I think with earnings, at least until next reporting period. They need good Rev, good EPS, and a good forecast. But after this move, some of this could be baked in…maybe we'll see how much.
But maybe they surprise? They are usually pretty good with their numbers.
But the other thing is that if for any reason at all other than pure manipulation, how much of this might be TSLA related given the last month.
AFOP fears me. Someone is doing a good job making you think they know something you don't.
I think... they are confident that they can still control it after earnings, because they won't be strong enough to overcome, but we'll see?
Good luck though
And its being controlled by the Shorts because of it, and overall light volume, hit will occasional heavy selling volume to manipulate, cuz they can
I have to believe its overdone at this point, with shorts capitalizing on the significant gap between the 20 and the 200. The company has not revised any numbers thus far either
I believe MXWL was 7th on the Nasdaq Loss leader Board. Those higher all had specific news I believe, where MXWL, still has had none
Piper Jaffray reaffirmed their position and price target on the stock, along with a few other Analysts
Could this really be a Naked Shorting attack that's accomplished this?
Horrible finish while major averages turned up a bit the last few minutes
BUT amazingly it did find the 200 Day, which I think is key. We'll see???
I'm surprised it made it there though thru this nearly 40% well orchestrated plunge
Piper Jaffray reaffirmed their overweight rating on shares of Maxwell Technologies (NASDAQ:MXWL) in a report issued on Thursday. They currently have a $22.00 target price on the stock, down from their previous target price of $25.00.
Several other analysts have also recently commented on the stock. Analysts at TheStreet upgraded shares of Maxwell Technologies from a hold rating to a buy rating in a research note on Tuesday, May 20th. Separately, analysts at Sidoti reiterated a buy rating on shares of Maxwell Technologies in a research note on Saturday, May 17th. They now have a $21.00 price target on the stock. Finally, analysts at Sidoti reiterated a buy rating on shares of Maxwell Technologies in a research note on Friday, May 9th. They now have a $21.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $19.33.
Think your too low, unless it bounces
If on missed earnings, I would think it goes lower than that and could be dead money for a while.
Well, I think the next main support level is the 200 DMA, and really the primary. We'll see?
Given some of your points, what in the world ever took it to 18+?
I believe this is all manipulation, and they are scaring out who they can, and probably doing a good job of it
Now I only just recently dipped my finger tips into this, but probably getting ready to go bigger the way this is looking.
I sure hope they surprise on Earnings and break whoever's manipulating this thing like this!
It went to 18+ on results, and to now……... on nothing so it seems
Down now ~35% in a month
I'm sure that was discussed here.
Well he's certainly entitled to sell like anyone else, but his willingness to quickly sell a material chunk, at basically the low, as CEO of the company he's running? That seems to really be weighing heavy on this, and what does it say about his belief in the future?
Hah, more like 5 years running!
He has been right tho in so far as they have not turned it around the entire time, and every earnings has been disappointment at best
Lotta beats going on so far. I would say about a ratio of 2:1 if not better. Aside from Q4, I would think this bodes well here as well given their overall recent consistency.