make no sense..they sell their shares cheap, so they can buy them back at a more expensive price? It doesn't work that way
Both are leaving by year's end. Time to get some new blood in this thing to energize it. Both failed to enhance shareholder value.
the only way they can push the stock lower, is to sell the shares. that MAKES NO SENSE WHATSOEVER
the real risk to shorting is the possibility of a massive short squeeze erupting, due to the company's extremely low float and high short position. The market makers can make a bundle playing both sides.
for every share that is dumped, there is a share purchased. The question is, who is buying and why?
This company is so ripe for some Merger and Acquisition activity that I can just taste it. A 40% "take-out" premium is not out of the question. It is time to cash in
does anyone know the status of the brake pad line? They were scheduled to roll it out during the fourth quarter of last year, but the company has been very quiet about it.
I heard why the shares have been so volatile lately-it is due to the fact that they have been eliminated from the Russell 2000 index.
I doubt you are smarter than Becker Drapkin- Do you have as much money as they do..it is all about scoreboard These guys wouldn't put $25 million into a sinking ship. They didn't get where they are today by making dumb decisions.
you should bet the farm on this one and short all you can. You never know, it could fall to zero and you would not even have to cover your short position .By the way, it is a good thing the CEO is leaving
$8.01? I think you meant $7.01! In any event, the stock is on a free fall mission and one of these days it might be subject to a dead cat bounce. A few catalysts that could prompt it: (1) analyst upgrade (2) news on the brake pad rollout. (3) company insider buying (4) a doubling of the stock repurchase plan. (5) More M&A talk
it was merely the effects of the close of the third quarter and window dressing, Obviously there was a big institutional investor dumping, but there was also someone scooping up those shares too