More importantly there is no buying interest because revenue growing initiatives haven't been announced. Cost cutting is always less sexy- although very important so while it is a big improvement that the companies are being merged and cash is being managed well and costs are being cut: folks want to see that this company is going to eat market share and get on a good trajectory. Until we get some of that - here we shall sit. This price action isn't concerning - it's just boring.
Guys....It took me over a year but I finally realized this is not a real stock. The only way to make money on this is to flip on the short term gains, buy when it drops down to low 30's. Rinse, cycle, repeat. BOOOOOM!
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