InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,985.38
(
0.02%
)
US TECH 100
20,490.00
(
-0.13%
)
Dow Jones
43,958.19
(
0.11%
)
Brent Oil
72.00
(
0.18%
)
Bitcoin
90,380.88
(
-0.20%
)
Post# of 57850
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

metrodavef

Send PM Follow Ignore
Followers 4
Posts 506
Boards Moderated 0
Alias Born 03/30/2013

metrodavef

Re: Andy68 post# 6099

Wednesday, 11/20/2013 1:49:56 PM

Wednesday, November 20, 2013 1:49:56 PM

Post# of 57850
As hard ad fast as the stock has dropped since the report, I can't imagine it rebounds anytime soon. My guess is that Q4 will be weaker than Q3 due to seasonality so there won't be a catalyst to push it back up until maybe Q1 2014 is announced. In between now and then we have year end window dressing for taxes. I doubt between now and then announcements of new outlets will move it north.

If Q3 had been solid then I don't think Q4 would really matter and the stock would have drifted higher on solid volume. Seasonality is easy to understand. Since Q3 was weak it got kicked out the door.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up