re: announcement I sold late this afternoon after the announcement. I've known this stock for many years (ie more than 10) and this was the last chance. I see a "small" increase in sales, but the loss of a strategic partner, whether replaceable or not, was the final reason I needed to sell.
I no longer trust the management, as all they seem to be saying ... "we have a great product" ... a la the scientific journals ... but alas ... no matter how good your product is ... if you can't produce the sales ... you're not going to survive. And the tone of the announcement seems to be telling me ... that sales are not growing quickly enough at all.
B.
breakout imminent, page-7
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Last
66.5¢ |
Change
-0.020(2.92%) |
Mkt cap ! $116.5M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 65.0¢ | $9.954K | 14.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5459 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 8476 | 1 |
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