Are you going short XLY?
Thanks, Onepoint, I did n't want to short XLY. I was asking to see if you want to do it. It is still in uptrent.
I am thinking to buy more shares to bring down my losses if the volume pick up before earning.
The volume is up today. I am thinking to buy more shares tomorrow if the price comes down in the afternonn before earning.
Didn't Rick Alden say few weeks ago that their report will be in lower end and the price of the stock came down (this happened after two downgrade by the analysts)? The company report is not bad for 2012. I thought the stock really should go up when I saw "Annual net sales increased 28.1% to $297.7 million". I got happy for a moment. What should really be the price of stock if they have -0.25 losses next quarter?
I believe Allan wants to be very careful. I don’t think the next report will be bad. The international sale was good and they are not dependent to get money from IRS.
It was positive report. Be honest with you, I don't think he knows what he is doing. The company is doing well and the report is good and he is saying we are not going do well next quarter.
Intel's CEO and Bill Gate are honest and always gave the shareholder accurate information about their company and US economy. This one was diffrent.
The stock will go down. Alan could n't do a better job to destroy the shareholder.
No, is not. What was his purpose to give to talk like this?
It is hard to go back and look at last few months. All the shorts did cover without no reason. The earning was good and the stock really should not get to this price. The value of the comapny is
$150M and they earn over 280M last year.
He didn't even talk about buyback yesterday. The report was good even he said last time he is cautious about it and uncertainly about the market. He said almost the same thing yesterday.
“lack of earnings visibility and expected earnings uncertainty over the next two years”.
I really don’t think the company s doing badly with all these marketing they are doing and improving the products. I don’t want to be rude, but in my opinion he is stupid to talk like that especially after good report. He brought negativity toward his product and the company.
I did the same thing. I don't want to risk everything.
I sold all my shares today (very big loss). The reality is he told yesterday, it will be challenging in next 2 years. Do you really know what could happen in two years? I don’t.
Does anybody notice that they have 335 employees (it shows in Yahoo under profile)? I believe they had around 275 employees. They have not sold any share from January.
Thanks. I sold all my shares after the release last time. How do you feel about this release?
I believe he was very negative than he should be and make the stock goes down. I have problem with the management than the company. They are not experience.
He was very cautious and negative with his statements last time. I am just thinking how much worse can get. Most of the bad news is in. There are also 3.5 million shorts compare with 12 millions. I am interested to listen to his conference call today.
Did they say anything about buyback their stocks?