No volume and no real news.....the shorts are just playing with SSYS and there is nothing to do about it but wait. Nasdaq up 1.5% and SSYS is down. Give me a break
I think it will easily see $100 next year and I want to buy more. Unfortunately, there is a reason for the selling but I can't figure it out
Why would they move up there earning to give bad news? The stock has underperformed so they moved up earnings to calm the markets and move LL higher. All the shorts are loving this because they are covering before the news and going long.
Yeah.....I saw that they just released it. Looks like they did that so there is no questions. Not sure why they are beating this dead horse. Wallstreet is a little late to the game
I can't find any news except all REITS are down from interest rates. This has sold off straight down from 178 or when it reported earnings. Great company but getting killed everyday
Read very closely about convertible debt offering! They might not issue new stock but at low interest rates they could do a convertible debt offering with a significant equity component. This would also drive down the stock price. The only fact we all know is that they need cash. How will they raise it? I bet a convertible debt offering will be announced
This is from their 10Q
We seek to deploy capital primarily in the form of non-controlling equity and equity-related investments, including common stock, warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company's common equity, and convertible debt securities with a significant equity component. We used substantially all of the net proceeds of our initial public offering and follow-on offerings for the above purposes.
Looks like they are about to do another secondary. Only $4 million in cash left and a 50% move off the bottom. I bet announce something here real soon for a secondary at $12 a share
I thought they would be bought for sure but now I'm questioning that idea seriously. Why would the CFO or VP sell 50k shares if the company was going to be sold? Any ideas?