InvestorsHub Logo
icon url

mymoneybgone

01/02/15 10:31 AM

#240335 RE: Bull_Dolphin #240334

Trading from the 20th of December or so in 2013 was 2,360,400 shares in 2014 was 1,323,000 In 2012 there was only 260,500 shares traded pre split. Adjusted those shares were lower than today and that volume would be just a few hundred thousand less than traded in 2014. While I think there is an argument to be made that tax selling dragged the price down, the concern has to be there is no underlying strength in the stock to support a higher share price than the faith of the wavoids. That is not a recipe for a successful investment, or a successful strategy for a company moving forward to rely on it's shareholders.

Anybody care to disagree that relying on shareholder support was a big part of the strategy employed prior to 2014?