We all know what those reasons are supposed to be. But some like to suggest that "the market" knows all and see all, and therefore if the price drops further than seems to be justified by the known difficulties, there must be some "secret" or "inside" information that they are not privy to.
I don't think that this is the case for ADY. It is in the "spec stocK" section of most people's portfolio and is therefore the first to go when times get tough in the wider market, especially if that stock has downward momentum.
I'm holding and speculating on a return to some form for ADY. Wouldn't it be great to see the mid-teens again!
ADY Price at posting:
6.5¢ Sentiment: LT Buy Disclosure: Held
