I'm not laughing but this has been a 'learning experience'. When a stock starts to fall, just weeks before earnings - it's time to sell.
The boards only get a huge amount of use if the stock is volatile or experiences huge swings in value. Like WM today. Down over 5%.
Boiler must be a pump and dump specialist that busses the but of Biglari.
The only news I can find is that Zack's downgraded the stock from #1 buy to #3 hold. No reason given.
I don't OWN GIMO and have no intention of gambling on a stock that's losing $1.27 a share per year.
There must be one helluva big surprise - to the positive side - for this to go to $16. anytime soon.
I fear the surprise will be in the other direction.
Down another 2.89% right this minute. And earnings are 6 days away. I don't see any good news ahead. Too many people dumping it today. Someone leaked something to somebody and theyu are getting out.
I've been 'shocked' before on earnings with resulting huge drops. I'm only in this sucker for 10 grand. That's the most I can lose. I've lost more on a single stock and survived very nicely.