Why should I buy when it's obvious that the price is slipping into oblivion? I don't see any longs stepping up to the plate, do you? Look at level ll and you will see the mm's daily lining up on the ask but nobody wants to touch the bid, starts with just one or 2 on the ask then as the day progresses it jumps to 3,, then 4... then 5.. and look at it now, 6 at the ask and we don't really know what their orders are,, as they lie and say it's 100 shares when in fact it could be thousands.
duh look at tree munt chart ,,, duhhh,, look at tree munt chart.... Ummmm,, for your information the stock was run up either because of expecting a good quarter or those in the know were just setting the trap for longs... Facts are facts,, after earnings the stock price plunged......
you talk of volatility ,,, umm,, volatility suggests price moving in TWO directions not just ONE.... Look at the chart,,, IT"S been trending downhill ever since dismal earnings,, THAT IS A FACT !!!!
so then you are well aware that the company as much as they applauded themselves on their last quarter actually missed estimates. Not only that but next next quarter their estimates were slashed... hmmmm,, put 2 and 2 together and you get an idea of why the price is in the crapper..... Your solution on the other hand was ummm,, what was it again? Oh, yeah,, you say the market is stupid and don't understand....
rest of the report didn't post, and i'm not going to post rest.. you want it then go to Thompson Reuters Stock report dated 5 Dec 2013. The only good news is their 12 year target is around 6 dollars...
On 11/14/13, the company announced quarterly earnings of 0.17 per
share, a negative surprise of -10.5% below the consensus 0.19. Over
the past 4 quarters, the company has reported 1 positive ( 2%), 2
They covered while the price was dropping... not sure how they accomplished it but it happened.
seems the only time it comes up for air are the few times that the shorts decide to take some of their profits off the table... and then it's right back to the same old thing.
discountedbrains says selling is all over..... lol,,,, golly ,,,,, I wonder how he knows that.... Not only does he say it is over but has an exclamation mark at the end to emphasize the "UUMMPPHHH" that is going through his hean,,, oh,,, wait,, giggle,, that's 3 exclamation marks,,, Must mean he is vewy vewy sewious ,,,, lol
past performance is NO guarantee of future success... maybe you are new to the company and got it at 2 dollars but don't realize it used to trade at 10 dollars till the market decided it just wasn't worth it anymore!!!
gold spot price up 24 dollars... looked really shabby last night but there was a major reversal.. both silver and gold sectors up,,,