They are gonna be fine. Most of their coal already contracted for and priced (and at better rates than this past qtr). One of the few coal companies who won't be dragged down the abyss with Patriot, James River, Alpha Natural and Walter.
There are games being played but usually its some big fund that is controlling the stock. Market makers will react off of what they see from the big players. Once the big guys cover or buy back in, the MMs will ramp this back up.
I really like this move. One thing Yahoo does well is running their fantasy sports leagues whether it is football, basketball or baseball.
That's how they get you. They can short at will right now with no news on the horizon. Some people will undoubtably sell. It's called creating fear. They need others to sell in order to cover.
You've said this before with other stocks
You should change up that message. You've used it on several occassions with different stocks.
No risk for shorts here until the next earnings call. They will continue to short as this will keep on making 52 week lows. It's called momentum. You add here as we get closer to the earnings date.
Well clearly every stock price is associated with management. What i meant was that today's price action has absolutely nothing to do with management. It is all technical in nature. Now, PTX stock price long term has everything to do with management and whether or not they can execute. Poorly worded on my part, my bad.
Stock price has nothing to do with management. The bots will see when they see new lows. If you like this long term, this is when you should buy. If you think PTX sales force will ramp back up sales, then this stock is a great buy. PTX management should be more concerned with making sure the sales team does its job. If the numbers get better, then shorts will cover.
This is all program trading. They sell into this stock because it keeps hitting 52 week lows. I have been patient and have been buying down here. They said at the last conference that they were seeing business tick back up. This stock will probably continue to be under pressure until just before the next earnings call. Shorts will cover some before then. Still over a month off so save some bullets.
Here's the problem. They can keep opening up stores and keep showing growth. They aren't close to a saturation point. Funds buy growth even if its priced at unbelievably absurd levels. Analysts will pump this up yet put out beatable estimates.
Nonsense. Nothing has been decided until they release the data. Right now its really easy for shorts to try to run this thing down because they know there will be no information until fall. Seen this thing many a time. Let the stock fall and buy more lower if you believe in ARWR. That's what I am gonna do.