that commentary was useful. I do think that the MM's purposely misrepresent themselves on level II to manipulate the shares in the direction they seek. I sold a big chunk of shares yesterday after getting jfaked out. Today I repurchased some of those shares.
we might see another dead cat bounce later today...the shares are looking very cheap again after a two day 25% blood letting. You know what they say, buy the dip and sell the rip....this implosion certainly qualifies as a dip!
The buy order went away. I think the MM is trying to fake us out and really wants to dump some shares. A dip back down to $6.40 might represent another good entry point. Until then, keep your powder dry.
time to pick up some shares amidst the carnage. the stock is getting ready for a dead cat bounce. Way OVERSOLD...run back to $24 is in the cards by the closing bell.
WPRT is licking its chops for FSYS. Mario Costamagna ( FSYS's CEO and largest shareholder) is at the age where he will probably want to cash in.
The Natural Gas Act, promoted by T Boone Pickens provides huge incentives to convert to ng. This is being evaluated by Congress and could be passed any day.
buying opportunity? The downgrade might give us a nice buying opp...remember...buy the dip and sell the rip!
sure, why won't they ( The Gordon's)do the switcheroo? The point is. these guys are smart, they sell high and buy low. The stock is now low, so it makes sense that they would transition into a acquisition phase to take advantage of the stock's cratering. The stock market is just a big merchandising game-the prudent players wait for "mark-downs" to buy (wholesale) and sell later at retail. The Gordon's were selling retail when the shares were at $23!
They will soon begin buying back shares in the open market. The reasoning? They believe their shares represent a compelling value at these current depressed levels.. Look for the Board of Directors to soon evaluate the feasibility of adopting a stock buyback plan.