InvestorsHub Logo
Followers 79
Posts 8580
Boards Moderated 1
Alias Born 05/01/2009

Re: Really Could Be post# 9400

Thursday, 04/21/2016 4:59:27 PM

Thursday, April 21, 2016 4:59:27 PM

Post# of 34212
I disagree somewhat a name & ticker change can be a pretty big thing and make the price go up if the company is going in a different direction like ARCS is. It helps show that the new management is serious about what they have put out and said they would do.
For a quick example just look at CHRO it was already steadily moving up after new management said the new direction of the company. But then in March the name and ticker change took place and the stock jumped 50% the same day. I do agree name change alone may not but if it's a change in the direction of the business it could....

Everything I post is from my own DD and in no way is a recommendation to buy or sell a stock. Please do your own DD and decide if this stock is right for you. Thank you and good trading.