There are other traders than the mutual funds you mentioned. Traders/market participants that take significant positions (long or short) CAN move the price of a stock. The day, swing, and momentum traders can "nudge" it and then retail moves it from there based on fear or irrational exuberance.
If you look at the charts you can see that this is a great stock to trade on a short/intermediate term basis with standard entry and exit points.
Lower. Much much lower. The earnings aren't a "miss;" the earnings are a joke. This stock is now a trading opportunity instead of a long term investment.
Why do you say that? Sure, it is down from where it was at the beginning of the year but it's mostly been in a trading range since April. There's opportunity in that fact.
WIN was targeted by the shorts (read the message board and the propaganda finance sites like "Seeking Alpha" and "The Motley Fool") and it has gone down. The fundamentals haven't really changed in the last year. Insiders are buying. Management is telling a consistent story. What more do you want? I'm actually thankful that stock hasn't gone anywhere because it provides me with cheap entry points.
And then there's the dividend. It still hasn't been cut.
You really need to understand finance, first of all. Dividends have nothing to do with "current period" net income. Cash flow is a better comparison point and even the bashers on here admit that Windstream's cash flows are more than enough to pay the interest on the debt AND the dividend.
Go back in your hole, read up, and come back when you know enough to not sound like an idiot.
The latest Alpha article came out yesterday. Same old trash. They did a DCF analysis but massaged the numbers to say that, at best, WIN is fairly priced right now. Same old song and dance....
The stores look different and they've updated the SKUs accordingly so that you don't have DIY electronics enthusiasts rustling through the bins for single capacitors, fuses, etc. DIY electronics customers are very profitable but they don't spend a lot so you need really large volumes to get the gross margins to be profitable.
The question is whether they have the capital for the marketing campaign to successfully complete their rebranding efforts.
They (RSH) are serving two different markets: Home electronics (TV, audio, PC supplies, etc) and Cell phones/mobile devices.
In the first group, Best Buy, Target and Wal-Mart are their biggest competitors. RSH is in a good place because they have locations in small towns that are not served by those three.
In the second group, RSH is a reseller/retailer for VZ, AT&T, etc. In smaller towns RSH is a local presence where the big boys don't want to invest capital (stores, employees, etc). RSH's competition is other resellers of mobile products and services. RSH's challenge is getting the word out that they are competing in that space.
This is immaterial to VZ. Their land line business is fully regulated and any costs they incur will be recovered through rate adjustments approved by the PUC (Public Utility Commission). And when they (VZ) do that they will find a way to get even more money back than they spend upgrading the service.
Welcome back. We really missed your gaseous invective. I guess this means that you guys will start shorting it again and post about how:
1) The dividend MUST be cut because earnings can't sustain it. Only instead of saying it will be cut in Q3 2013 that it will now be cut in Q1 2014.
2) Cash Flow isn't high enough to support the MASSIVE debt level of this "turd" and that "bagholders" will be screwed and wish they'd never bought this POS. (!)
3) All of the pumpers on here don't know #$%$ about how businesses are run and they are paid to pump the stock so it is easier for the shorts to sell overhyped worthless shares to a bunch of suckers.
Did I miss anything in your playbook?