last 5 days NEWL closed at low of the day (or very near). Today is the first day in 5 it finished above the low of the day. just saying..
Too many people bought on the way down. As soon as they get near even they will bail. Rise /fall, rise/fall. After every small gain, this falls back. That is not necessarily bad. It is getting rid tired traders.
Once volume settles down, I expect a slow recovery. No more large moves.
It was at $2 before December's 2012 announced that the company had received a buyout proposal. Another suitor may be interested at the current discounted price.
It seems that the ship has stabilized. They are doing the right things to improve performance (expansion, move aged inventory, expanding loyalty program). This is definitely a an unloved stock. It has fallen steadily since last summer to a current and attractive PE of around 11. I think the punishing of this stock is about over.
GMAN has been beaten down badly the last year. Analysts are up on GMAN due to expansion and new management team. The improvement in revenue is more important at this time than earnings. Earnings will come. The PE is extremely low for its industry.
I wouldn't look at the AH downward move to be an indicator of the morning.
Quite a few paid bashers here (not surprising). Extremely low PE makes DSW a great entry point for a long trade. For those looking for a quick flip, this may not be the stock. But long term,....you can't go wrong at this price.
At one time, PE used to mean something. DSW with a forward PE of 11 is pretty cheap right now. But with the momentum driving DSW below 25, not sure PE means as much. But eventually it does still mater.
"perhaps PNG pay now because NUS need the money for the ship "
Seabed...they don't need to have PNG pay now. With the money in escrow, that should be good enough collateral to secure a loan for the ship.
Sentiment: Strong Buy
Well, it did hit $1 like I warned wonder boy. Doubt it will go too much lower. But because of idiots who buy 13k, they will dump when they get tired and prevent any substantial recovery.
what the hell were you thinking in buying 13k of shares. That was just plain stupid on a stock that does trade enough on a daily basis for anyone to want to buy back your 13k, even if you can sell.
You bought 13,000 shares on a stock that trades 10,000 share per day??? Thanks a lot. You will be one of the reasons this does not recover soon. You will sell when you can't get out of this, driving this below $1. Thanks a lot!!!