Post by
parkus on Jun 04, 2008 12:17pm
What is going on?
What in the world has happened in the past week? Someone seems desperate to get out as they have basically dumped 500k shares in the past week and tanked the stock down to $2.33. The only reason the stock should be trading at current levels is if the company might not be profitable at some point in the near future and we all know that isn't going to happen.
Their growth rate may slow in the coming quarter but the story is intact. These prices make no sense. Can anyone provide any news or reasoning for the big sell-off in the past week?
parkus