RE:more downside?Hillary emails were about the drug price and VRX has this situation , also maybe some fraud inside.
When VRX was -16%, CXR was+1% yesterday.
Nothing explains your commentary concerning PHM.
There are some volatility in heath industry but it depends also the stock.Vrx can have an impact in T&S/TSX and Nasdaq, but PHM can not be impacted so much only by this.
We do not know what happen with the company, I asked them to answer.After that, it will be clear for everyone why the stock decline all the time.
wittmann wrote: The shareprice slide isnt that easy to define.It could be many things.For instance,many investors were hurt by buying this stock in the days of over-hype...and promptly were burned....This same scenerio happened many times during the sudden drops .Any chart will show these drops.And all along ppeople lost money.The reasons were not managements fault alone ,although they initially sparked it.Since then its been more than that.Sentimaent mostly..stemming from Hillary's comment way back,to the Valiant contraversy now....and it still continues daily...Soon tax loss selling will also come into play..All of this creates volitily to the extreme.
And anyone that invests seriously knows that most dont like to invest in a volitile environment.The useless negativety posted by losers on this board ignore these facts,and thats what makes them sound like the amatuers that they are.The facts are this IMHO..this stock went up too far and too ast based on hype ONLY ...BUT...it is a sound businesss model that will take a long time to prove itself.
Which by the way..is the same as any business isnt it?..EVERY BUSINESS NEEDS A FEW YEARS TO PROVE ITSELF. I really cannot understand many posters here...unless they lost all their money.