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S&P 500
5,635.42
(
0.77%
)
US TECH 100
19,047.00
(
1.02%
)
Dow Jones
41,321.04
(
0.56%
)
Brent Oil
78.92
(
1.93%
)
Bitcoin
60,961.64
(
3.28%
)
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betasplen1

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betasplen1

Re: None

Tuesday, 10/15/2013 11:33:42 AM

Tuesday, October 15, 2013 11:33:42 AM

Post# of 751
Kinda strange that the stock drops over 20% on a paltry 3M shares (just $1M in dollar terms) in 3 days when over 95 million shares traded above 33 cents since the last material news release on Aug 20. Disappointed by the price action for sure. But the fundamentals have not changed for me to panic since I am holding for 2014 and beyond. They had 28 cents/share in cash ($26M) as of July 2013. Trading right there and totally discounting a hot business that should grow 30% YOY per analysts and insiders (Ross/Baker). Any news that I am missing over the past 3 days? Please post a link if you have any. Thanks.
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