Lack of good financial news, and growth. nothing earth chattering so it really goes no where. I mistakenly thought a good quarter might push the thing with the added help of shorts covering to over 8. no fear for them.
no fear or greed, as they say that's what moves the market.
the jan 7.5 calls are 15 cents the Decembers are showing 10 cents but I think that's a last trade bid up. at this point get the Jan for 15 if you can I may buy more just as a goof
These guys are correct about owning this stock for the dividends etc. and that should carry a lot of weight. The problem I have is: nothing in the quarterly numbers justifies a 7 1/2 % loss. Management is not selling their story and its quite obvious the street does not like the structure of this company.
Next time it will be the same. Expect to not impress the street each time quarterly #s are announced nothing other than a cure for cancer, or a huge profit is going to make this a positive time for this stock . the only question I have is could it have been worse? Of course I know it could have been worse but we got the good news and it did not impress so next time I will not expect it to. I'll just keep collecting my dividend and not worry about it.
even good news can't move this thing, make no mistake management has dropped the ball in that regard!
selling the story. even owners of the stock are convinced they need to get out.
That's the likely problem: the street wants to see a clear net profit after everything. no profit no bump.
it will be up next week not a big deal
everyone is either lining up on the down side or overly optimistic its likely to be right in the middle at a penny as expected. which is in line with Goldman. I agree don't go against Goldman, too connected.
It looks like Ben and his followers are bumming again. well just a few days until Quarterly results are out
they will have to hope for bad news there.
I thinking of averaging up on my position. if the recent somewhat positive trading may be foretelling good news for their earnings. Earning should be coming out in a few weeks. If they are good this might be the last we see of the 6's.
I think the stock wasn't hurt because he wasn't to forceful meaning it would have been different if he had pounded the table about how great the company is or how terrible. When he makes a strong recommendation they usually go up for a day or so then that's about it. he make some good ones and some bad. some how the bad ones always seem to be forgotten.
Didn't I say they would be covering? I'm not surprised. It appears that the stock is sometimes being held up to collect more shares. volume low They have to be really patient. no squeeze unless some really good news were to come out and scare the #$@^ out of them.
These guys have had every chance to cover here. I would be very surprised if they have not done so. where do they think this is going to 0. very doubtful the credit line banks don't think they will anyway, and its a lot more money behind them.
Trying to slow progress, scare it down without really selling anything?