InvestorsHub Logo
Followers 18
Posts 1644
Boards Moderated 0
Alias Born 03/13/2009

Re: Drexion2004 post# 6240

Thursday, 07/07/2011 12:39:47 PM

Thursday, July 07, 2011 12:39:47 PM

Post# of 163719
Fernando,

Projected EPS (diluted) is 40 cents. People would actually parse Q2 out of the segment to determine whether they're wanting to hold this stock?

I disagree.

The way I look at it is the selling that has been transpiring over the last 6 or 7 trading sessions tells me that there is one seller wanting out. Simply for cash, if for no other reason.

The reason I say one seller is because it looks as if his broker is pocketing a 2 to 3 cent difference on the trades. Look at the end of day blocks (very large) and you'll see that they trend a couple cents lower than the trades earlier in the day. True broker/dealer methodology.

Problem is, everyone senses that there is more than one seller and therefore lose interest in buying.

One's who have a longer term perspective will see through the bullshit and hold tight.

All IMO, of course.

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.