Unions? What about mature management that didn't take care of the customers? Lots of reasons for the demise of that giant retailer. Paying the help a decent wage was not the reason.
That is a sign to me something is about to happen. We' ll see tomorrow
Will they be correct? This issue's price seems to want to stay low. FLY under the radar so to speak. It's been rumbling down the runway for a while. Maybe those that can have played their hand here with the options.
Not the pipeline of new products.
Not the insider buying.
It's the lack of message board activity that correlates with the price manipulation activity by those that do it.
Price per share is yo-yoed by those that can. Board cheerleaders and doomsdayers brought out to assist in predetermined price moves of 30% that line the pockets of the manipulators. Has nothing to do with the company business potential. That will be reflected in the earnings reports, that if new management is sucessful, will be evidence by increased revenues resulting in some decent profit. Continued move down with pop up prior to earnings report next quarter is the pattern of the old Novatel price chart.
Not smart enough to understand your metaphor. Bought more three times on the way down. Hope it's not a case of they know something we don't. Have seen this price action before when it went below 13. MM wiping out stop losses to raise some inventory. Hopefully to fill some insider orders.
You'll learn not to buy just because it is down 50%. There is a reason and not necessarily a buying op. Read about NIHD or AMSC. Both stocks have crashed and burned, but gave plenty of opportunities of owners to leave before the bottom. If you bought just because you think it can't go any lower, you would have been wrong.
Some nice insider buying early last week. They didn't expect it to go lower. Good to have some insiders in the same boat as me.
May 6, 2015 HOOD III WILLIAM H.
5,000 Indirect Purchase at $16.04 per share. 80,200
May 5, 2015 POITEVINT ALEC II
15,610 Indirect Purchase at $16.67 per share. 260,218
May 4, 2015 HOOD III WILLIAM H.
10,000 Indirect Purchase at $17.10 per share. 171,000
May 4, 2015 MENON DEEPAK
3,475 Direct Purchase at $17.03 per share. 59,179
May 4, 2015 POITEVINT ALEC II
4,390 Indirect Purchase at $16.95 per share. 74,410
May 4, 2015 HUDSON SHERRILL W
15,000 Direct Purchase at $16.98 - $17.39 per share. 258,000
Still being punished a week later. Need some insider buying at this low price to give some hope for the stock price to recover. Any comments on option action?