It is simply unwinding of options expiration from Friday. Stocks that are heavily shorted tend to get whacked the following Monday. I am not worried and plan on adding mid-week.
Although not disclosed (as usual), one can assume yes! The action today adds to the correct speculation.
I'm totally with you my friend. This stock and Ricci have just porked the shareholders for years. But...don't be discouraged. Of all people, I should be but I'm not! carl sold half his stock in a sweetheart deal at $19 with the agreement that he would give up his two seats on the board. Carl ups his stake in XRX which used to own a big % of SSFT before selling out to Warburg Pincus. XRX is splitting into two publicly traded cos with one being exactly suited for what NUAN could spin off for XRX benefit. Carl sold his majority stake but still holds 10% of the company. There is now no special interest as they no longer sit on NUAN board and Carl wins both ways. JMHO
I'm dumb but not that dumb! A thought to ponder...CI takes a bigger stake in XRX and cuts his stake in NUAN in half plus gives up board seats. This smells of XRX/NUAN partnership.
Even that won't help:(. RR has made a fool of me along with WP and CI. His passing to the cloud(s) would only make me feel better.
The transition to in-house sales force that was completed on Jan 1 hindered last Q's sales. This one will be totally different this time IMHO good #'s