looks like there was 109k shares traded in AH today mostly around $9.38
one large 87k share block at 9.38 (mutual fund, end of day buy?) and then a small 200 total share trade at 10.07. almost like yesterday, where there was one 50 share trade at 9.15 so showed up in AH as if it was down another 4% but misleading due to the very small size.
based on the charts it looks like MDXG has found solid support in the low 9's and based on the 5 year trend line it is on a path to 13+ (albeit with some volatility, but according to the chart the low swings never bottom out below the previous lows so that to me indicates good long support and buyers on the lows)
mdxg probably appears an easy short since it had a very nice run up from the feb lows of around 8 to over 13 just recently . the sell off from those high's is not based on anything fundamentally wrong with the health of the company as they just proved again last quarter their tremendous growth is still there and executing on their strategy.
any higher valuation stocks right now are seeing pull backs because they all had tremendous runs.
the chart on mdxg tells me that it is retesting 200 day lows and holding nicely with a trajectory to retest the 13 highs and blow past that to 15+ in my opinion!!!!!
small cap syndrome going on here the past 4 weeks with shorts beating the #$%$ out of a thinly traded stock. if you understand enterprise software you realize that overall LPSN is generating positive cash flow and growing revenue at 20% or more which is by all means very positive metrics. they have zero debt and plenty of cash.
i picked up some shares in the low 8's yesterday while the short selling continued and KNEW that after earnings there would be a pop if you follow whats happened after the last 2 years of earnigns calls. No big sell offs, no major downward revenue guidance its always been a well run software company.
the markets right now are looking for any equities to pummel on mediocre news like TWTR and YELP who were both punished today after earnings.
but software / tech companies with solid technology and strong customer value proposition and competitive differentiation which LPSN has will prove out to be a good investment at these absurd low levels.
will laugh hard when this opens at 9.75 tomorrow morning and the shorts go ape #$%$. especially the #$%$ seekign alpha guys who write nothing but BS and while they were right 2 months ago about the stock fall they were totally wrong about todays news.