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Its because everyone is selling out of this scam. Lower lows every day and the good news is at least it won't go below 0. Rats are jumping off a sinking ship.
Fire eye is nothing but a POS scam company that has and still is taking everyone's money and losing millions of dollars. If you haven't cut this loser you want to cut bait and run asap. Don't be surprised to see them file BK the game is up.
Glad I got out yesterday @ 14.50. I not getting back in till it is around the 11.00 to 11.50 range. Gold will run up till Dec till Fed raises rates. However China is still the wildcard in this mess.
Its a falling knife. Anyone's guess 35? I wouldn't be surprised.
Well that is true. Like I said HACK is an ETF that has several cyber security stocks within. When the cyber security stocks are down you won't experience as large a loss and vice versa. The risk/loss is spread out between them all. In other words is won't be as volatile. Also if an idiot analyst(s) throws out a downgrade on a particular company, as is what happened this past week with FEYE, it won't hurt the ETF as much as the other companies within the "basket" of stocks may have upgrades put on them.
Bingo baby we have arrived at the 1.50 station! All aboard for the 1.35 station.
Like I said before when you see insiders dumping their shares as in the last few days it is always guaranteed they see the train wreck before anybody else. This company is a mess call security lol.
Not yet but is should be there or lower in the next few days LOL
Hmmmmmm that sounds like a plan. Dilute the stock with more shares and bring in new accountants to verify just how bad this companies financial situation is like we already don't know. Stick a fork in it.
Yes HACK is an etf and is a basket of most of all the cyber security stocks. Way less volitile.
They must not be talking it up very good as early future prices have dropped 6% down to the 49's for no reason. I guess when there is an insider that sells $10 million worth of the stock it gets investors mighty nervous and they bail. This is typical FEYE BS it just can't be trusted. If you have to be invested in cyber security stocks it is best to be in HACK and play the whole industry than just one company that can't even turn a profit.
They must not be talking it up very good as early future prices have dropped 6% down to the 49's for no reason. I guess when there is an insider that sells $10 million worth of the stock it gets investors mighty nervous and they bail. This is typical FEYE BS it just can't be trusted. If you have to be invested in cyber security stocks it is best to be in HACK and play the whole industry than just one company that can't even turn a profit.
Yea something is up as it blazes from 1.71 to 2.10 in a blink of the eye.
Well so much for that fleeting moment lol. You can always figure that this stock will shoot up and fall back just as fast.
I agree full heartedly. When this stock first came out it ran to the 90's with no news. Now with all the great news and upbeat cyber security problems that surround us it will be just a matter of time when this could possibly bust the $100 mark. JMHO
Yuppers just like I said and the 60's are even closer.
Right and partnering with one of the largest credit card companies adds even more glow to the glisten. This stock will push into the 50's tomorrow and the 60's are not far away IMHO.
The train has now left for the $1.35 station please enjoy your ride.
Have to agree now that they have partnered with the largest computer company in the world. I had a feeling the last day or so that something like this would happen and it did. Upward and onward ho we will go!
Here is more good news these crooks are pulling:http://money.cnn.com/news/newsfeeds/articles/marketwire/1197086.htm You think the stock has been dropping because the insiders are selling? Now the dillution will slamp this down so hard you won't even know your name.
I know I'm am so thrilled!
This will be going down below 50 DMA very soon on the way back to a buck.
Wow see them pull the rug right out from underneath the ones that bought the $2.07's? So how sneaky they are? They sayin have a happy weekend rotflmao
Really? Hmmmmmmm seems to me it time to get all aboard for the $1.35 station again. This dog ain't huntin it a loser.
More like the 33's as the insiders are all dumping the majority of their shares and you wonder why this is dropping like a rock?
Exactly and I wouldn't touch this "Stock Pick of the Year" unless it was a dime. If ya bought it at a dime it would have been the stock pick of the year when you sold it at a buck lol. You saw what happened a few days ago when they were touting that you have another chance to get in around .70 and it lost half its value in less than 30 mins. You are better to eat at Joes and get heartburn than mess with this POS.
All aboard the $1.35 station is just ahead at light speed! The $1.00 station is just ahead.
Looks like they going to need another $6 million with the horrible first quarter of 2015. They lost over three times the revenue and threes times per share. Seemed a little quiet around here today know we all know why. The $1.35 station will be here tomorrow. Read it and weep unless you are short as I am: http://www.sysorex.com/news/sysorex-announces-financial-results-for-the-quarter-ended-march-31-2015/
All aboard we have arrived at the $2.00 station!
Keep dreaming this POS dives dam near $3.00 in one day? WTF! This company is the most disappointing company with all the inside robbers unloading this crap. Stay the heck away from this thing unless you want to lose your arse lolol
I personally bought the $1.35 pass. Should be there by the end of the week.
Please have your boarding passes ready we are about to arrive at the $2 station enroute to the $1.50 station, Thank you and please enjoy the ride.
So much for the $3 ride we on our way back to the $1 ride folks.
The $2 station is just ahead we will be there shortly. Hope that you are all enjoying the ride down to the $1.50 station.
Shares of Sysorex Global Holdings Corp (NASDAQ:SYRX) were the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,521,883 shares, an increase of 1,096.9% from the March 31st total of 127,153 shares, American Banking News reports. Approximately 13.6% of the shares of the company are short sold. Based on an average daily volume of 2,418,350 shares, the days-to-cover ratio is currently 0.6 days.
Separately, analysts at Zacks downgraded shares of Sysorex Global Holdings Corp from an “outperform” rating to a “neutral” rating and set a $1.40 price target on the stock.
So FEYE wins the awards and the company tanks? I sorta wished they didn't win the awards. Typical Fireeye boolsheet.
Yes look at that "trend" line it just dumped 42%! I loaded up @.41and trippled down.
Wait for it to drop to $2.25 then it will bounce back up JMHO
NEW YORK (TheStreet) -- Shares of Sysorex(SYRX - Get Report) were gaining 32.1% to $2.76 on heavy trading volume Thursday after the announcement that the big data software company's Lilien Sysorex division was selected as a National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC) Prime Contract Holder.
Lilien Systems is one of 65 Prime Contract Holders selected under the Chief Information Officer - Commodities and Solutions (CIO-CS) contract.
The CIO-CS contract is a 10 year Indefinite Delivery/Indefinite Quantity with a maximum value of $20 billion. The contract has a 5-year based period from May 1, 2015 to April 30, 2020, and a 5-year option period from May 1, 2020 to April 30, 2025.
Under the contract Lilien Sysorex is allowed to fulfill task orders from federal, civilian, or Department of Defense agencies looking to acquire IT commodities and solutions.
About 3.7 million shares of Sysorex were traded by 11:07 a.m. Thursday, above the company's average trading volume of about 480,000 shares a day.
TheStreet Ratings team rates SYSOREX GLOBAL HOLDING CORP as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate SYSOREX GLOBAL HOLDING CORP (SYRX) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and generally disappointing historical performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
¦The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and the IT Services industry average. The net income has decreased by 23.5% when compared to the same quarter one year ago, dropping from -$1.46 million to -$1.81 million.
¦The gross profit margin for SYSOREX GLOBAL HOLDING CORP is currently lower than what is desirable, coming in at 29.81%. Regardless of SYRX's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, SYRX's net profit margin of -11.88% significantly underperformed when compared to the industry average.
¦SYRX's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 57.96%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
It will b back there before the day is over. It's already lost 25% from the days high.