I still cannot imagine why these instituitions continue to hold on to this filthy piece of fecal matter that gives them zero return at best..
Only a filthy piece of fecal matter goes down virtually every time the markets rally.And brcd is without a doubt one of those filthy pieces of fecal matter that does exactly that..
Guess thats why brcd is dirt cheap and will always be dirt cheap.When your performance has been butt ugly as long as brcd's has been you have to be dirt cheap to attract any new chump buyers.
Brcd is like the butt ugly girl at a dance full of beautiful eligible girls.Why would anyone ever willingly choose to dance with the butt ugly girl when there are so many other more appealing options?
Notice only as the market begins to pull back from the rally highs does brcd begin to recover from its steep losses.What an ugly stock to try to play from the long side.
Its a mystery why anyone would willingly want to buy into a stock that almost always goes down on every market rally and only occasionally goes up on market down days.
If the fed's words instead generate another market rally you can rest assured brcd will be going down just as it always has on any market ralliy.
Then brcd has a small of chance of going up as everything else goes down.
You will soon learn that the "stock price is very attractive" for good reasons.It stays that way indefinetly.Ask the people that bought brcd at $5.50 11 years ago.Eleven years from now you will very likely be able to buy brcd at $5.50.
Hope you have the patience of a monk because your going to need it with brcd.
Do you realize this company spends close to 50% of its gross profits on stock based compensation alone to its senior executives irregardless of how the company performs or how poorly the stock price performs?
Thats why senior mngt has no intention of ever allowing this company to be sold.
Usually a nonperforming piece of fecal matter like brcd is sold off but in brcd's case you have exec mngt putting the kabash on any and all potential sales for obvious self serving reasons.
that it is almost guaranteed to be down when the overall markets are up.Then conversely it only ever has a chance of going up when the overall markets are down.How I ever was so foolish to get myself mixed up into one of these peculiar oddball stocks is a wonder.