It's crazy to slash the share price in half or more when nothing has been proven. Do you think the ex-CFO is buying today if he did resign for personal reason and nothing to it regarding the delay in earning?
Lol 13% now...
OK this is getting dumb, can't resist adding a little here, will add more in coming days if this goes lower.
I can see slowly accumulating at this level but no need to be brave and start mortgaging into this when DOW continues to make new highs and this just keeps dropping...
So were you able to get some shares at $16.5 the lowest pt of the day? Anyways they only missed by a penny so there's too much BS going on for this to fall 20% and I averaged in at around $17...
The runup to $7 was bogus probably in anticipation of good data so this really hasn't moved on this news event and should be down a lot more from this level.
This market is just so rigged.
How did this ever reach 1B+ market cap with such paltry revenue?
Looking back I couldn't believe I was trading this in the $40's and $20's and made out of this unscathed.
Getting tempting again but with the losers keep going lower and lower in this market it may be best to slowly accumulate from this level...
How many shares do you own?
Just curious since you say you are due $6500 next month so I assume you have 6500 shares. In that case you would actually collect 6500x4x36 by 2050 in dividends.
Anyways, if the dividends are not cut and stay the same which is a big IF, then probably the stock price would be above today's price also.
One was saying that this would be 40% yield if the stock gets cut in half to $10, but that is probably not possible as the dividends would probably go away or be much smaller if the stock declines 50% again.
I thought so too when this turned green but then they smacked it back down $5 just like that!
Been trading this for $3-$5 gain since the collapse last week but it's getting tougher to get bullish on a struggling stock when all else are going up...
This should've never have gone to $71 but I would like buyers at that level to start buying at this price.
I mean if they liked it at $70+ there's no reason they don't like it below $20 given that the revenue grow rate is still there.
I'm in the same camp that this market sooner or later will have to correct knowing rates are headed higher. However, you don't know when exactly it'll happen as experts have been calling it for months if not a year.
As for crash FUEL like many high flyers have crashed and valuation wise is pretty attractive at this level sub $20's compared to the outrageous $70+ so I think you better cover at ths point...
Well if you liked this stock at $25, you should like it at $8...
I'm getting some tomorrow if this falls below $8.
Wow thanks for your well thought concern lol!
Doing just fine in all my investments so far and I hope you cover soon before losing your #$%$ off lol.
Does it see $20 again if it goes below today?
Could happen since I didn't think it would go below $21 and it's a few pennies away...
Just too much scams going on in this market. Stocks rise to crazy levels and falls 25-30% for no apparent reason. This was a miss of couple millions in revenue and they cut the market cap by a billion lol.
It's all about future long term prospect. If you look at king it's generating cash but mount of worry about its future hits following candy crush. As for RetailmeNot there are tons of sites that offer coupon code services popping up left and right and it's just not a sustainable model of business. Anyone honestly think that this is going to to be around in 5-10 years? Even if it is it'll be just close being a dead site.
Wow how many shares per 25%?
I can't believe this is down 25%!
They still got cash right? It's like valuing this business close to nothing when they still generate revenue in billions...
When you have a forward P/E north of 150 any slow down in ad revenue or miss is huge so this could easily be taken down 30% in the coming days.