Perhaps in the short term. If it drops to 750 or below, I'd be a buyer.
They can only buy so much on the open market before they'd have to dislose. Once they disclose a position of that magnitude, the entire ball game changes - the price rockets upward.
The hot sauce is way too hot!
and go boom!
I think you'll see selling pressure abate after the new year, but I don't see the price headed up in a meaningful way for quite some time. With the dividend cut, lots of folks will find other alternatives that are perceived to be safer.
down, down, down, in a burnin ring of fire...
and it burns, burns, burns
as those flames keep getting higher.
of short covering right now (I agree with Dicker on that). It's heading down (at least in the short term) IMHO. Lots of tax selling dead ahead.
Never put an accountant in charge of a tech company.