People love taking pleasure in other peoples pain. Schadenfreude. Then again, with how bad this stock has been last month, company needs to do something. Crickets.
I agree. I'm a little more patient and want to see what this quarter brings, as that will have given him 3 full quarters to deliver something. If he doesn't care about stock price, or doesn't convey some material positive impacts to the business, it needs to be sold. I'll even take 14 for now.
The pullback sucks, but for the most part it's been on lower volume. With this stock it seems like buying begets more buying, and selling begets more selling. I'm hopeful it should put in a double bottom here in the 9's, but it's going to depend on earnings. Everyone has gotten quite negative, whether they hate Matusow, or Jason Hart. Most people seem to think earnings will be bad and it will sell off even more, but I would love to see Jason deliver a big beat and raise type of quarter. Then again, with how quiet they are, that is probably wishful thinking.
I had to give up on Kass last August. OCN, MONIF, ASPS, BONT, and shorting the market for 2 years. It's sad how someone so good back in 08-09, has stayed so wrong for so long. He has the audacity to make fun of people not seeing oil get cut in 1/2, while some of his picks are down 90% from their highs. Unreal.
I did too. Kass has been wrong for 2+ years now. MONIF (BLOWUP) OCN (BLOWUP) BONT (DOWN A BIT), SHORTING THE MARKET for 2 years (wrong) Unreal how he has been so bad. It's ok to be wrong, but stupid to STAY wrong. I had to give up my subscription too. Wish I could read the comments section today with OCN dow in the 7s.
Yes, that's it, I'm sure MONIF wanted to tank the stock from a high of 1.37 down to 0.30 to get those shares cheaper. MMM HMMMM