You are correct. My apologies. But it was still brought up and it was a soft ball to answer. Could have been CFO, CAO, HBO, BO or any combination. He should have known it was coming and maybe he didn't know the difference. Cramer seemed to be rooting for the guy. Gave him every chance and Small dropped the ball. I am long a ton and this was an opportunity missed. AGAIN.
Jesus; Cramer gave him every chance in the world to knock the ball out of the park and he stumbled over it AGAIN. Easy answer to CFO resignation and he stuttered without an answer. He finished strong and was real confident on the deal that raised money. He needs to set up someone to sell this company to the media. How many times can he stumble on important interviews. Real Bad representative of a great company.
Probably because Cramer is having Small on Mad Money again. He was just talking about it. I think that is what he said.
You would think these funds would protect their position a little better than this. This is crazy to see these swings. I suppose you have to expect this kind of profit taking with the run up we have had.
Shorts need to worry about the strength of this stock lately. One good piece of news and we could see panic covering.
Always nice to take profits. Congratulations. Personally, I think you will look at this in a year and instead of profits you could have had retirement. Soooo many good things to happen and soooo close. Apple TV going to be watched on GOGO. Netflix, shopping, advertising, everything at home and the office can be done in the air without missing a heart beat. I am excited for this company and for my investment.
Short covering probably. Although, short interest actually went up last report. Anticipation on some news? Institutional buying? Probably a combination of all. Definitely a concoction that longs like.
A question if any one knows. Maybe a stupid question but here goes. Can you drill from these things and cap them if and when they hit. If so, the future is much brighter. Oil won't stay low for long.
Thanks. Not sure I can wait for the dividend. How #%&%$ low are they going to take this #$%&*. This is disgusting. I can't believe someone doesn't step in and either buy all of it or a major portion.
Unbelievable. Never had much volume and now that a fund or two is dumping it is really hurting the share price. Got to be a buy all day at this level but how do you second guess when they are done selling.
Rick, gogo on yahoo finance has historical prices which include short volume. Go back to 3/15/14 and you can see volume and closing price for every day. Correct me if I am wrong.
Short position on gogo raised dramatically since 3/15/14. From 8,875,000 to 19,211,000. The share price is now higher than it was since that period, with the average share price being around $15.00. All shorts since March 15, 2014 are under water. At what point do the shorts cut loose and cover? It would seem like they are in trouble here and when gogo jumps into the 20's I would think that would be more than they could bear. At least it would be for me.
I think it is more like finally we are out of our misery. Look at camt or znga. Both have a lot of upside if the right things are done but you know from experience that isn't always a given.
Well, we all knew or should have known this was coming. I have been talking about it with my friends since the first of the year. I believe any institution could and should have realized it. Although it is seldom a good thing that a company needs to raise money, in this case it should be enough to get them to profitability. I believe they made a good deal here and once everyone else realizes it, the stock should not only recover but trade where we should be trading. In the mid to upper 20's. I have had several bio's that raised money at a similar point in their business and the next day soared. We will see how wall street reacts.
This is total #$%$. Institutions have got to be ready to go all in on this at these prices.
And what do they do with it when they move him out.. Is it a buyout or what. Does anyone think there is an offer on the table or are they going to market what they have. I think they still need to raise some money but that can be done if the stock price is in the teens. I like what is happening and the publicity should get the stock a rocking. NICE.