It is not a plus for their touted Product Development, but these things happen to every company and I highly doubt it contributes to the stocks recent decline. That is more the stock getting back to its normal level, I believe. Traders made some money and insiders were quick to take some profits.
Then you should really love it at $21, Icahn! Frau Leghorn & the insiders were a lot smarter than you!
Probably better if you have your conversations with the cheerleaders because then you all can congratulate yourselves and see only BLUE SKYS ahead.
You seem to be extremely worried that I give you some due as a successful investor as opposed to the cheerleaders on this site. It means nothing what I say, in the scheme of things, and anything you or others on here may or may not be true. You have made many false claims about my comments on this stock. As said. As said, I have no inside knowledge of the company or anyone there, same is true of General Motors. I have bought and sold several times and have my own view of buy and sell points. If you have made money more power to you. Most of us have. The stock is not a value to me, it may be to you...that's what makes a market.
I believe Frau Leghorn and the insiders who sole around $22 made a smart move. That's it.
A mention in the Investors Conference that they were doing some more "work" on the program and would have new models later this summer.
Poor Mays, it is true that Madame Leghorn got out in the $22 range but before you continue to gloat check todays price.
How many listened to the presentation. It seemed a little better to me but there is no enthusiasm evident and just a recitation of numbers and bullet points. No questions in this session and of course no mention of competition. The scary point that continues to be made is that there is "borrowing authority" for more acquisitions. This company should be acquired and not acquirer.
What a foolish rant to a post that was not aimed at you. Reread my reply to a ridiculous post by Mays (All a fund manager has to do is buy at 23 and it goes to 27) and see if it was not basic investing common sense. The truth is that any stock can make or lose you a fortune by the right buy/sell at the right time. Its not the business of the board but I have done far better in the time since I sold Rocky than I would if I had held and realized the couple of $ gains over where I sold. Please stop the personal attacks and inaccurate rants. I will comment on cheerleading based on blue sky which is what Mays continues to do. No one should invest based on that jibberish. I believe Frau Leghorn and the insiders that sold were much smarter than those that hold. Maybe right / maybe wrong.
Hopefully no one on here will listen to such foolish jibberish and make any investment decisions based on it. You will see $20 again so prepare yourself to buy!