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Because the former CEO is learning from the richest, how to become richer. Mormon ties here, the former CEO has his shares. People don't just walk away from things they've created themselves. Something is brewing, management seems to want this down, lack of PRs and focus on the negative, plus insider sells... The question is, why would they want this down? They knew the CC could make them all lots of money, they must think they can make more this way. Keep an eye out for insider buys. This stock is a penny stock now, don't assume they won't pull penny stock games.
Seriously, management that isn't doing its job... They know they are supposed to make it go up not down. The former CEO has almost all his shares still. He had auto sales for small lots, almost like he wanted everyone to bail by making them think he wants no more. Interim CEO sounded excited about changes being made in '13 Q1, no words as to why there will be a loss.
I was even, but didn't sell AH. My average is about 4.90 and I'll sell some on a small bounce, but if no action happens then I might wait till 10Q, when they explain why they project to beat earnings Q2-4 '13.
I'm keeping my eyes peeled for insider buys. The price got stuck between $5.15-5.25, and if you look at the volume, a lot had to be shorts. If those aren't covered by Monday, we could pull a GRPN on dem shorts :). Worth holding a few more days for those holding now, IMO.
HOLLA!!! That's we we held!
Hmmmmmmm............
That's my normal style lol, I spotted this one early, checked the chart, and started pumpin it on stocktwits. I negated a lot of profit by holding into earnings, lets see what I can do to get outta this haha, as long as it's moving!
I think you just got pretty much the bottom price. Those .90's were idiots selling, not too many people willing to be the ones to create the new all-time low lmao
Yea, the news is very confusing, like you said. Fundamentals and earnings are not my thing, my buddy does that part. I play the intraday charts, and this chart was primed and ready to have a rocketship taped to its back.
I'm with you bud, letting the dust settle. How come they predict a loss? It's their worst Q right, in general. Where's the money going?
Cheaper the better, right? I'm about to buy these 590s
I'm still holding a few that I was planning on holding, since @ 4:00 "good" news was leaked. No way am I selling here, I turned my $1500 loss on ING into a $0 loss, SKUL is at all time lows, the company didn't say they are going bankrupt. They make money, unlike Pandora... lol.
Just cause I'm bullish on a stock don't mean I don't take profits.... WEEEEEE!!!!!
They canceled it apparently. Damn the mgmt sucks on SKUL, luckily we are already at the bottom.
Bad guidance......
This was an easy one, even with all the bashing, you cant forget that chart LOL! Sadly the company neglected the PPS last year, but it's good for us today :)
KABOOM $7.48 AH, CONGRATS TO US!!!!
1.2 mil now :)
Yup, and earnings have show growth, checking Google trends to get a feel for Q4 2012:
http://www.google.com/trends/explore#q=%22skullcandy%20headphones%22&date=9%2F2010%2031m&cmpt=q
Yup, I feel pretty good tho since Q3 earnings in '11 beat by 35% :). And like you said, expansion, so rev predictions should be higher.
Not so sure about that, but if I see it in the works, I'll try and scoop another long position. If I can't, it's all good, I'm killing it $SKUL, $FIO, and $PAY :)
Wasn't short, never been short, traded BBRY 4 times, 3 for profit, each time I was long...
Weeeeeeee!!
I'm totally with you, feeling the same way, just acting in a diff way. From the very beginning I've told my friends I think BBRY stock will be at least $45 EOY. I've seen a lot of stuff that supports my beliefs. I'm just trying not to get trapped in this, I need that cash for other plays too :)
You buy "contracts" that say you can buy stock at a certain price any time before a given date. It's kinda complex, search YouTube for a tutorial.
Funny thing is, I didn't mean to sell @ 13.00. I left an order in from like 3 days ago when I was trying to catch a bounce.
Yea, options are a good call for BBRY if people are skeptical and sidelined. Option calls right now can make people a lottttttt of money on long term calls lol, do the math and its crazy! I'm going to let the dust settle a bit, see how the big dog traders wanna play this thing for the next upcoming weeks, and try and scoop something nice going into earnings.
LOL, thats why we here dude, there's more of them playing BBRY with us than anything else right now.
You realize the crazy amounts of retail investors on BBRY is just bait in the water, right? Traders are caking it off this while longs argue with bashers about it... The bashers are trading and are shaking the tree, the longs are just looking stupid because the PPS don't reflect their feelings. With the earnings call coming up, the shorts are now bulls. I've been trading long here, first trade was $13 - $16, buy pre-superbowl... Easy money, just ask yourself, "if I had no idea how to trade, and I wanted to find a company to throw money into long term, would BBRY be an attractive option today?"
Yes.... and I think for most traders that'd be $50-$100 in profit....
MIGHT, but if you watch the action, there's shorts all day that get covered EOD because the bulls are too weak. The past 2 weeks has been a shake down. I doubt there are really THAT many shorts who are "long" shorts. Squeeze is possible, but I don't think it will be that crazy.
LMAO!!! All I know is, I'm outta my long for a small profit, overall winning on BBRY, lost on 1/4 trades. This thing trades like a penny, the traders just dominate the action. The earnings date will make this thing go up from here on, the bears just became bulls :)
Hope you had a chance to look into $SKUL, good luck BLUE!
Weeeeeee!!!!!!!
It was a lot. Something like 800 x 8.
30k shares traded in 1 minute, PPS doesn't change 1 tick. Hmmmmmmmmm ;)
I'm excited :) I've been watching this turd for a week now, today's trades confirm my reasoning for buying in.
Ya that's true, but once the lines are down, they are gonna have to make the prices competitive. I have Xfinity from Comcast. I get 75 MBPS download, pretty consistently, I pay for 50 MBPS download. Cant complain :). The tech support dude hooked up some config file on my modem when I called em up to get my new modem setup.
Any guesses which way BBRY will have a freak run today?