By the way, this stock has been down 6 days in a roll, including today, while the DJIA and S&P kept making new highs. Unless you are short on this stock, you should have some complaint to do.
The market is way up today, and the stocks in the home builder group are generally up, but KBH manages to go down again after a few down days. Very few people are interested in an open conversation. Down with this stock!
"The Street" upgraded KBH from "Hold" to "Buy" yesterday, but the stock went down more after a big drop the day before. Is it a contrarian indicator? What a joke!
I believe that in the past, KBH released earnings after trading hours. This time, it is scheduled to be released before the market opens. Does this hint that their earnings will be better than expected? Any thoughts?
With all the frenzy to advance to $25.14 per share, KBH has given up about 37% to today's intraday low of $15.73. It has fully or at least almost fully made the correction. It may very well start to climb back to a much higher level, provided that the general market does not collapse any time soon.
Sentiment: Strong Buy
The man who shot 'Liberty' Valence was not James Steward, it was Steven Chu, with Obama being the real villain.
Here was how it might have happened: When anxcious to create jobs and to advance his green energy program, Obama ordered Chu to subsidize green energy companies such as A123 to expand and hire workers. A123 did expand and hired more people. Unfortunately, there was not enough demand for rechargable batteries, therefore, A123 was forced to lower battery price in order to keep orders coming in. In turn, companies such as Valence could not get enough orders unless to sell batteries at a loss, as A123 did. So goes Chapter 11.
Since early August, ALTI has gained over 70%, and AONE has plunged more than 50%. The question is: What this is telling about the industry? Why the surge in ALTI? On the other hand, is the market anticipating an AONE Chapter 11 filing? How all these may effect VLNC?
Yes, the value of loss carryforward and the patent estate, if realized, is worth much more than the market price of 3 cents, even taken into account that the book value is about negaitive 35 cents.
drc, you wrote: "Being an eternal optimist and one that believes in the general good of human nature for some unknown reason I believe they may be using the BK as a delay tactic so that they can resume business as usual and the price of the stock will climb back up to where it was and some day be worth what we all expected years ago."
That may be possible in an utopia world, where every person is a decent human being, caring for the good of others as well as for his own. But this is a society where everybody is for his own, especially when it comes to money. What you wrote should happen but most likely will not happen.
I had long been saying that whatever Berg does with the company, he is going to put his own interest first, and not necessarily the stockholders' as well.
When the stock price kept performing very poorly (mostly down), I used a term such as the 'Kanode Syndrome' to ridicule that this stock is 'allergic' to Kanode. I also propelled the 'Conspiracy Theory' many times to warn investors/speculators that there might be a conspiracy to take over the company on the cheap by Berg. But nobody was paying attention to me. I suppose many put my messages on 'ignore', because I sometimes sounded as if I was a basher.
In the previous CC, I raised the topic of the company possibly going bankrupt, and Kanode answered that the company has very strong technology.
If you guys had been more responsive to my messages, and started a serious dialogue on the possibility of bankruptcy, some investors, including myself, might be hurt less by the results of the Conspiracy Theory.
Well, you cannot take life too seriously.
Then very sadly that my Conspiracy Theory may prove to be valid. Too bad that most people dismissed my theory as bashing. Even now, nobody gives me any credit. I am sorry that it did not help anybody.
Even long ago, I opined that Berg is all for himself, and not necessarily for the investors as well. But nobody listened.
As I said, I did ask the possibility of bankruptcy in the CC. Kanode answered by saying that Valence has a strong technology.
My complaint is my message trying to elaborate this has been blocked by the Yahoo! message board.