RE:Call me crazy
That could explain why the posting are so well researched? If you look up Cohodes' past, he is market smart and appears to want to do the right thing and "call it the way it is".
He's an official stock critical and I hope he gets sued again, I'll make sure to research and shor that one. That's why he's been selling and not buying. Seems others have been as well.
Anyone. like fundtrader, comparing to a non-M&A non-GAAP capitulation is ill-informed and should not be self-investing. They need to talk to professionals. There were a number of good sector lows in the resource sector earlier this year. Those were smart bottoms. This is nothing like those solid companies.
Here? "Finding the bottom" is simply bending over and "hoping" for the best.
Unfortunately, I don't see any positive silver linings on this. Especially with the missed guidance combined with questionable insider selling during a black out period. Ahd moving money off-shore.
Who does that? Any other similar companies? I'd love to compare charts.
Some big shareholders are going to be mad as heck and some large sellers are going to make out like bandits without getting any blood on their hands. This was 100% management related. Smart shorts pick up on it before everyone. Including the press and market experts.
If there is anything factual positive longs might see as a positive is Thompson didn't wait until Thursday evening or Friday am to cancel (or "postpone", sure).