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S&P 500
5,568.19
(
0.02%
)
US TECH 100
19,867.20
(
0.10%
)
Dow Jones
39,334.03
(
-0.11%
)
Brent Oil
85.31
(
-1.39%
)
Bitcoin
56,300.27
(
0.81%
)
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metrodavef

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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.
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