The bottom is not in yet. It makes new lows on a weekly basis.
Expect GRPN to disappoint as usual. Insiders keep selling & don't care about this company.
The earnings don't matter. The dividend was good news and NE still went down. I am long but don't expect anything in the near term.
Waiting for the dust to settle.
The dividend will be declared on Friday 7/24. Look for the dividend to be maintained at $0.375.
Sentiment: Strong Buy
The only good thing coming is the dividend and earnings announcement. If these come in ok, the stock will bounce back.
The buying opportunity is right now. The stock has completely bottomed at $14.30.
The problem is Jeffrey isn't always right and NE is dirt cheap @ $17.