Certainly down, but might close back near where it closed yesterday. You would think that insiders would be happy to pick up shares at these prices if they were buying at 2x these prices 6 months ago?!!
I have continued buying, but am currently losing my #$@#!!!
The price action today is worrisome from the standpoint that it seems like leak selling. But, it could also very easily be manipulation to pick up more cheap shares? Hard to say until we see their cards later today. Either way, I am currently down thousands of dollars. Hope earning brings my losses back and even turns my cheaper shares into gains. We shall see.
I agree. The market might see it as "needing" the cash....rather than having something else more productive which I believe they will do with it. However, this stock has typically traded with the solar industry and lower oil prices have historically driven the price of ASYS down. I have been a buyer as the SP has fallen, but I think I now have as many shares as I am willing to risk. I will hold and hopefully sell some above $11.
Wow...I guess this was more than a shakeout. It was leaked info about the Kingston stock sale. Will be interesting to see if the insider buying increases or decreases with this substantial drop in ASYS stock price?
Seems like a bit of a shakeout here? I doubled down on my normal swing share count today at $9.30. I also bought at 9.70. I'll buy more if we get below 8. This dump is all on zero news, so I feel ok loading up for the swing trade up to 11.50.