It can't be legal - where's the sec - there is surely some sort of bait and switch going on here. Usually high volume will signal something but abnormal volume at these heights probably signals its a con job.
its basically like going to vegas. You either take something off the table and go home happy or you wager it all and have a sad trip home.
I'm not sure what all the excitement is here. , no earnings and hasn't made money is years.
So it looks like the big guys want to get everyone excited and then pull the rug from underneath. A small company with a small float in a feild thats got some attention regardless if it makes any money - But that is the beauty of these cons and they do it all the time
They didn't get bot out when they annouce this awhile ago - why do they now think they can sell the company at a higher price.
The stock looks wash out here and a beat with low expectations is always welcomed. I think they have to do a lot better to get the stock price going, but for today, they have at least stopped the bleeding in the short term and I'll take the small bounce while i wait for the turnaround or earnings being more consistent going forward. They still have a lot of work ahead.
Hey superbowl twin
in my opinion Zacks is junk and if you are listening to talking heads, broker ratings and whatever other #$%$ is out there you probably shouldn't be investing. so keep smoking the peace pipe.
Here's a example - Zacks has cohu as a number one rated stock - the stock has been dead money as far as the eye can see - and not one insider buy. You see when intel goes up Cohu goes up - well no so this time because management missed the boat a long time ago.
The company has been dead money for 6 years now. The only ones making any money here is the management team - they get more stock all the time and you'll never see a insider buy here. They made one lousy acquisition after another. If you own shares i would move on - it wasn't clear what they were talking about the dividend - but I interrupted as they are probably going to eliminate it since they can't make any money and they sure don't want to cut management salaries which is where they surely should start since ready is well overpaid for a company that is going no where.
I'll bet next quarter will beat earning estimates and then the following quarter they'll miss - not an ounce of consistency. So until then, this is basically a trading vehicle. if it sells off buy it - rebounds sells it. Buy it before next quarters earnings then sell it after the rise - on and on - same old story quarter after quarter - they surprise -then disappoint you - like a crazy relationship - sometimes its just better to cut ties until they have their act together - if ever
I keep waiting for this to get to a point where I know I'm getting a good deal when I buy it. I don't mind paying up for growth, but the last 2 years the growth has stalled with a very high PE now. If this can get under 20 it would be a good time to buy. So I patiently wait for that moment. I think at some point the street will give up on Raven and then I'll have my chance to get on board for the ship to sail again.
zacks is base on someones opinion - thats it - some guy in a suit - listen to yourself - study the market and you'll do fine - just ignore all the talking heads they sometimes get it right and sometimes get it wrong - thats how investing works with those guys. When zack's rates something at 5 its probably the ideal time to buy it and the opposite is probably true the other way. if i like a company i totally ignore what zacks says - the stock is going to do what its going to do regardless of someones opinion
Hey chris move on - you add no value to the conversation - your Crystal ball has perceived that by them announcing an acquisition prior to earnings that earnings are going to be soft. So the logic is by announcing the acquisition people will buy the stock and then be thrown under the bus when earnings are announced - good balance sheet, 3 percent dividend, selling at the low end of range - looks pretty much washed out to me - And the expectations of some good earnings isn't there, but hey, if they surprise on the upside - they'll go much higher than they will down if earnings disappoint.
Yeah, when are they ever going to earn any money? Hence, why they sell at under a buck - well, eventually they are going to run out of assets to sell.