Don't mind grandpa amplastbagholder - he will argue for the sake of arguing even when presented with facts proving he's wrong. Try to tell him the sky is blue, he will try to argue it's green simply because he believes nobody can be right about anything but him.
Whatever - shares will likely trend back under $3 by Jan 1 as all the folks who raced in for the momentum (after shares were already trading ex-dividend) will be racing for the exit just as quickly.
I think 5% to 10% at most. Probably the remainder of the month - they are trying to flush out Average Joe, scare him out of his shares so they can be picked up cheaply. Anything interest rate sensitive has been getting whacked - and what better than dividend paying blue chips? The banks should not be getting hit as hard as they are - as their profits will go up with higher interest rates.
I began my purchases of preferred shares - will look to pick up more every month as they push the shares lower with increasing interest rates. Will be great if it works out the way I want.
I try to stay away from the things that the big boys are playing in. As far as NUAN specifically, they are carrying a lot of debt and a massive amount of goodwill on the balance sheet for a software company. On the other hand, last year I was negative on NAV because of the awful financials when Icahn was buying and the shares are about double now.
Yes, I saw CRDS earlier. I think that most times I exit early because I let the fundamentals sway my vision too much (which also keeps me out of many things). So when things start moving up like a momo stock, when I should kick back and just let it run for awhile, I'm justifying in my head why the price doesn't make sense for the fundamentals at the moment.
Yes, I've been watching that one and have been reading up on Cannell as he's been buying more over past couple weeks. I was waiting for something below .50, but may just buy some now and then more if it falls further.
How stupid can you be?
Are you telling me that trading was taking place while all trading on the market where the shares trade on was halted?
If you looked at the trades and times yesterday, you would see that there were no trades from about 10:45 to noon.
Yahoo is far from the authority on quality and reliability of the information it presents. However, there are plenty of novices like yourself who are quick to point to it for evidence of whatever point it is that they're trying to make.
You should just give up arguing on this thread, because you could not be more incorrect and are simply confirming to everyone here how stupid you are with all of your accounting and financial certifications from 50 years ago.
OTC Markets Group Hit By Technical Problems
CEO Blames Outage on Hardware Failure
By Bradley Hope
Updated Dec. 10, 2013 4:10 p.m. ET
A hardware error took down trading on the stock market run by OTC Markets Group Inc. OTCM -0.13% for an hour Tuesday, the second time in a little more than a month that a technical issue halted trading on the market.
Dead money for at least 3 quarters - "reinvigorated competitor" and ""competitive pressures" - pricing is being pressured. Though sales may increase, margins and profits will be "pressured".
The interpretation should be quite clear.