bclark49548 has been gone suspiciously silent. Hmmm, I wonder why. Must have found another ambulance to chase. LOL
Very thinly traded stock with a low float (9M shares) Trading is light in AH, but it doesn't take much to move a stock like RNO. Short term potential is not good.
It was already down 30% this year. So, not sure how much of this was expected. Really, a reduction or elimination of the distribution should not be a shocker.
ANALYST OPINION: On October 2, Citigroup downgraded A10 to Neutral from Buy, saying that the Japan slowdown will decrease the company's overall revenue growth for multiple quarters. Citigroup reduced its price target on the stock to $9.50 from $15.
LOL, derrick...dude...we get it. You are short and don't like ADHD. You've only had about 100 posts bashing this stock.
ADHD has basically traded its entire float already. Which means that this is nothing but day trading. Low float + low daily volume = high volatility. Not sure how much it will recover, but movement today is exaggerated by day traders. This probably deserves to be down $3-5 ...$7-8 is just MM playing with this.
No strong follow on volume after monday's announcement. NEWL drifts lower on low volume and moves higher when volume is up. Disappointing. Sellers take hold when volume drifts like this.
Impressive that VHC is meeting this head on with an open discussion with their Investors. Fireside chat implies they are comfortable answering just about any questions. Interesting.
Someone is unwinding their position. Maybe creating margin calls under $5, it end up with a snowball effect for a short while.
Revenue recognition issues are embarrassing, but not unusual. I wouldn't necessarily jump to the conclusion there is more to it. Let's see how it all pans out.
happens all the time. Not good that accounting didn't catch this earlier. But the revenue is still there and will be recognized in a different qtr. So what....
Don't know how many times this has been said for NEWL, but the last 30 minutes of trading has seen a small pop in volume and increase in price. Has NEWL finally found some support? I think the close will be important. A close of .38 or higher will be very positive indicator.