Weather impacts crop yields, planting, etc. Logically a company that serves the agriculture industry is going to feel the impact of weather cycles. I'm not sure why there is a big sell off. Did investors not know this?
Let's turn it around, if weather was perfect and AVD sales hit records, would anyone assume this was a new trend?
ARIA had some bad news (FDA pulled approval on a drug) a while back and shares lost 80% of their value. ROSG hasn't had any such news, but the shares are still down over 40% since the last secondary (and down 99% since IPO.)
Now what? ROSG is up about 3% in the last two days. ARIA is up about 30%. No wonder there are hardly any posts on the ROSG board.
You and everyone else were duped. All of the secondaries were executed at prices at much higher prices.
I understand that both are used as a storage of value, but silver is used in a number of manufacturing processes and especially electronic components. If the economy is warming up, shouldn't silver prices warm up as well? I fail to see why gold and silver prices basically track one another.
27 million shares may be relatively small compared to the float, but then why sell any at all? What exactly are they going to do with that $1 billion in cash? They have about $9 billion in cash now.
Article says purpose of sale is twofold:
- Help Mark pay taxes on his stock options
- General corporate purposes
From an investor standpoint, you have to wonder why Mark keeps getting paid in stock options when he already owns 18% of the company and then why a $130 billion company needs cash. 70 million shares is about $3.5 billion. That's only about one day's average volume.
You have to feel sorry for those people who bought at 55+ on the basis of inclusion in the S&P 500. Obviously someone at FB saw this as an opportunity to sell.
Buy some puts to protect your position. You might also buy some calls (at this low price) in case this sell-off is not warranted.
ALNY has about 3 times as many employees, but a market cap that is 150 times that of ROSG. Adding employees adds expense before it adds revenue.
Since the near term high of 3.59 achieved on December 9, ROSG has lost 20%. The lesson? If you like the company, wait to buy. With few exceptions, you can buy it for less in the future.
Are you concerned that advertising is the primary source of revenue? Between GOOG, social media, and virtually every free on-line site, it is advertising that is the primary source of revenue. At what point is valuation out of step with revenue and profits?
Let's be optimistic and project 4.75 per share. Of course, we don't know how long that will hold. What do you figure? Later this week?
You'd prefer they'd manipulate it up? Why not take advantage of the low price and scoop up a bunch of shares of this fantastic company?
Look at the beta. It is a negative 6. So, when the market goes up, ROSG typically goes down. The fact that it didn't go down on a down market day is consistent with the beta. Get worried if the market goes up. ROSG seldom joins the party.
OK, perhaps I stretched the analogy a bit (since price is off the recent lows), but if you look at the trend since they first went public, it reminds me of a black diamond ski slope.