InvestorsHub Logo
Followers 1007
Posts 70423
Boards Moderated 4
Alias Born 09/30/2004

Re: StockMedic1 post# 16019

Friday, 03/18/2016 5:35:51 PM

Friday, March 18, 2016 5:35:51 PM

Post# of 32393
I don't think any of longs are selling. There could be a few holders of a few thousand shares that maybe was hoping for a quicker ROI than what the company is providing. Can't help that they exit at the bid and want to move on to another investment that's outperforming the S&P at least, I don't blame them. If the companies PPS is detrimental to a deal maybe they should support the stock and buy up those weak holders for say, at least $2 a share? If the PPS has some influence on a banking deal they sure don't seem to be showing any support for the stock at this level. Heck we saw a $1 bid today. That's amazing wouldn't you say?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.