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Re: Chas1961 post# 1660

Thursday, 08/01/2013 5:00:20 PM

Thursday, August 01, 2013 5:00:20 PM

Post# of 8449
Chas, it looked to me like there is still selling going on. Two days ago about 80% of the trade volume was conducted between $1.50-1.54. Yes there has been good buying here, but ask yourself, who is selling a lot of shares at $1.50? The answer is probably what PI said, it's Hudson Bay. I have seen some good buying offsetting their selling but until we get more clarity on Novell and the Markman date not getting delayed, the only thing moving this stock price back up is management doing a better job of promoting the companies assets and illustrating why it's undervalued by a lot right now.

Without that selling will continue and we go lower IMO....likely to $1.25 as crazy as that sounds.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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