Now I believe there is a god.
No, they needed that immediate cash to pay vendors to ship products for the holiday season that is were 40% of the sales occurs for the entire year.
Look at that YAHOO charts and see the HUGE spike at that time. Can anyone attribute what happened at that time? Was there a news release?
And still not one insider buy?
Don't tell me someone did not learn something ominous then that cause the sell-off that did not recover the entire day.
Where is the SEC, FBI, CIA, etc. in all this? Clearly this is insider trading.
Give me a break. How can a rumor without any truth/evidence cause that much selling? Especially when the stock is already at historical lows. There has to be some truth.
as did funds. And, usually the brokers give those offerings to their best customers.
So why are people selling at $7 in such a short time? Something just doesn't smell kosher.
I forget; massive number of lawsuits come Monday morning.
Best wishes everyone for next week.
I know you guys think you will make a quick buck; not realizing you will slowly bleed. Live and learn.
who keeps selling?
Any time a stock drops, there are lots of newbies who come in. Like when it dropped from $18 to $4 then it ran up to $6 because we could pump and trick newbies into buying.
Let's do it again. If we make up lots of pumping stories like BUYOUT or something, I bet we can pump this up to $5. again.
Just watch what happens in 45 minutes.