" Why not buy a stock after it has already risen 10% from its lows?"
Because FSYS has bounced numerous time more than 10% from it's lo, only to eventually sent new lows. For FSYS which has been a bear market for almost 4 years now, that would only have increased your losses.
And now in Mexico too, which might be a bigger deal. But I wonder how many other companies don't see corruption as necessary/business as usual in Mexico
"Context"? I quoted you.
But in case you have a reading comprehensive deficit, there is zero chance of the stock "going to zero in the next few weeks", no matter what.
Do you work at all or just troll mb's
I own LNCO so agree, but also have a spread on (short LINE, long LINE). Put it on at $2.11 LINE over LNCO so not hurting (yet), but when it got to 0.70, a while back, thought it was on it's way to even up. But, since then...
In business for 30 years, no debt., but " ..going to zero in just a few more weeks"
"No one will ever call you stoopid."
But not so sure about you.
Trials showed their new melanoma drug had a toxicity rate so high many patients had to stop taking it, while Merck's drug didn't show nearly as high toxicity and that may well move it ahead in likely acceptance and chances approval.
"Will they even bother to report a new contract?"
If they don't, they're even worse in the PR department than I thought.
Seriously, they have to find some new business, the sooner the better, to stop their long term sink into financial quicksand.
IMHO you watch this too closely, maybe "can't see the forest for the trees". Still basically going mostly nowhere, waiting for a catalyst, hopefully some new contracts that give indication that it could reverse the decline in sales. Until that or without that it'll probably do nothing or drift lower.
"like I said said GDP increases in second half stocks will have more upside."
Could be, but with still tepid growth and the S&P up 50% in the past 2 years, I'm not nearly as sure as you are. As always, we'll see..
Yeah but that avg PE for the S&P is about 15, so it presently ain't cheap. Especially since most of the earnings growth has come from cost-cutting, not growth. Of course with interest rates so low, people are continuing to buy stocks... at least for now that is.
To account for the decreased guidance, they warned about increased costs of their computer system and probably extra $ to be paid for Thompson, Morgan leaving. But you gotta point, if these are one time charges.
Trouble is, if they want to use FSYS technology, they'll probably just steal it or copy it... if they haven't already.