Deal to sell must not have happened. Otherwise corporate would have released the notice and the CEO would comment.
Expect Johnson to deliver the coup de grace at earnings. Prometheus loan facility exhausted in massive cashbleed. Stock to, say, 1.20 and 1.50 buyout if shareholders get lucky........
Nice pile of bullcaca you compiled there. They never have to and never will convert this trash. They will siphon off interest and then finally buy the indebted carcass on the brink of bk or after .
Bullshltlf. It was because the CEO is a proven bum. It is his fault the deal wasn't done. It's as if he purposely wanted the latest 25% hair cut on the stock. Look to see if insider options got awarded at the cratered price .johnson has Been skrwing his sharehders for years but raking it in for himself and the business is just rotten as can be.
You should get out of the market and go into comedy. When a stock gets hit 3 consecutive quarters for 20-25% drop on earnings failures, the company is not well managed. They just sacrificially canned the CEO and brought the geriatric CEO from the '80's back. First order of business? He gave himself a huge salary to sit on his #$%$ and count his money. The street knows this has been company is heading a lot lower.
It has really paid off: management gets great Lakers seats.........
LOL what happened to the 100-120 pump you were conducting? Just the typical prevarications from this guy. Way to blame your fibs on Jeffries.
Like just about every day since the bomb. Wednesday should result in another 20% hit to the stock price so no wonder there is only selling as it looks extremely rich right now. Overvalued crud on the downside just tends to get worse. Earnings call should be real ugly.
Wow, THIS guy can't read plain messages. Those regular hour settling prints above 81 were almost certainly not AH trades. BTW, ORCL's influence may very well sell off tech tomorrow. Be prepared.
Obviously by the size of those prints, they wereregulation hours trades that settled out after hours. Don't pretend that there is some massive demand going on. The stock tanked at EOD and then bellyflopped into AH. A classic sell-the-pop day. It was a rather unimpressive, even bearish day of trading from the early pop to nil at the end. And then of course the plummet to red after closing.