Every time I start feeling good about this stock something like this drop happens. Makes me wonder who knows what or is management going to give #$%$ guidance again with earnings. I put an order in for the 2/20 87.50 calls a little below the ask just to see if it gets filled. This stock is definitely manipulated which is why they should pay a dividend.
I bought some 2/20 87.50 Call Options and I'm down close to 50% in a few hours. This has to be the most manipulated stock in the market. I'm hoping for good earnings and guidance. Management needs to step up to the plate on one of these earning calls. I can't imagine sales not being good but we will see. GLTL
IMO - earnings will come in around $4.60 rev around 8.12B they will low ball guidance and stock will drop back down on Friday after running up during the week. I believe this stock is manipulated and management is in bed with the shorts. I would love to see them announce a dividend instead of stock buyback. GLTL it will be an interesting week.
IMO - this stock is manipulated because management is in bed with the shorts - I believe they know when they beat earnings and then give lousy guidance the shorts will drive the price down because there is no dividend. I'm not afraid of the earnings report - I'm afraid of management screwing the shareholders. We will see what happens but I'm expecting a run up in stock price into earning and then after guidance another pull back - we will see. GLTL
I wonder if anyone is being held accountable for missing their numbers? I bet everyone got bonuses and more options for doing a terrible job. Did Cramer put Angel on the wall of shame? He definitely should have. I expect the stock price to drop down into the 50's until they can report decent numbers. What a POS.
I bought this stock years ago at 81 and you can see where it is at right now. I believe management is milking it for all it is worth. They should issue a dividend instead of buyback shares but they won't and management keeps getting options for lousy performance. I think one of these quarters they will give good guidance but I don't know when. I do believe it is priced fairly so you shouldn't get hurt to bad. GLTL
How's that buyback working? I bought this POS years ago at $81 and I'm down over 10%+. Are you rewarding yourselves with bonuses and options for the great job you are doing?
I went back and checked my records seeing there are 2 dislikes to my post. I bought 1K shares 1/4/11 at $80.23 the stock price today is $71+ so a loss of 10+% and management is rewarding themselves with bonuses, raises and options for creating stock owners value. These are facts whats to dislike the truth. I still remember Angel on Fast Money saying how good they were doing and then at earning the stock tanked big time. Worst management rewarding themselves and not share holders.