What is going on? CSIQ was down -12 % on Friday and looks like another -5%
I see, then why is that article published in the papers? And why did the stock drop 35% and the futures are down sharply?
Goodrich Petroleum Corp. is one example. With a market capitalization of just $269 million, the upstart producer is developing a prospect in Louisiana and Mississippi that one rival called possibly one of the last great opportunities in North America. But drillers in the Tuscaloosa Marine Shale need oil prices at about $79.52 a barrel, according to Bloomberg New Energy Finance. Goodrich fell 34 percent yesterday to $6.05, its biggest drop ever.
I have checked the 10-Q of this company. I agreed with your opinion that from this quarterly report, the situation is not so optimistic.
Here are my reasons.
First, the revenue is declining. From the sources of revenue I found that most of revenue came from transaction processing services in 2014, compared to 2013. This obviously increased the cost of revenue.
Second, the Non-cash compensation expense was increasing dramatically in 2014, compared to this category in 2013. That means that the company may give the products to the employees as welfare to decrease the inventory rate of company.
Third, except the non-cash compensation expense, other expenses were declining in 2014 compared to 2013. I think the company should motivate the sales to solve the problem.
However, it just the quarterly report, usually, we deem 10-K more important.
Two sales conferences to broker-dealers on December 2nd and December 10th that will have their brokers pump and sell the stock. All the biopharms tend to run up before conferences and then sell-off afterwards.
$14 by end of day on Monday
Looks like it. TOO MUCH DEBT.
Falling for several days....lesson to learn: never catch a falling knife.
That isn't good.
And look at all the margin call selling next week and downgrades and lawsuits!!!!! $14 by next week
BOOK IT DANNO!
Margin selling or tax selling? When will it end?
Did thy con you good enough? Want them to do it again?
How do you short, I called TDAmeritrade, ETrade, Fidellity, to short and I couldn't. Same with CLF and other stocks. I try calling to short and they don't have any to short. So, how do you short?