yep; love their products and own the stock; they constantly introduce innovative new products and their quality is top notch.
Now its happening at the open too, i.e. they knock it down on very few shares, buy during the day, then knock it down at the close on minimal shares. Conclusion: The best times to buy this are at the opening and/or the close.
guess its the old "shoot the messenger" routine when its the message itself that equally sucks, Similar to a baseball team that fires the manager when the hitters don't hit and the pitchers can't get anyone out.
Agree. Like what I heard. The nations' power grid is highly vulnerable to natural disasters, terrorism,etc. and these guys seem to have the most viable solution long term.
in both cases the stock was trading considerably higher at the time of sale. In the former case it had just been included on the Russell index and was approaching $5 when they lowered the boom at 3---a true public relations faux pas [hope I spelled that correctly].
The major problem has always been that they are severely under-capitalized, to which their response has always been to sell stock at distressed prices, thereby continuing to dilute shareholders' equity. Their reluctance to even consider borrowing at relatively low interest rates will come back to haunt them when rates begin to rise.