RE:Miss priced inThis stock suffers because nobody trusts it - except for the shorts, that is. The damage done to this name is deep and profound. I think it is fair and honest to admit that there is reason to be skeptical right now. I guess a question I have for the group is: if they missed, why would Harry Fleming have so strenuously proclaimed on the record that they had met/exceeded their guidance? Suicidal? Mentally ill? What was the purpose behind it if not to simply foreshadow a positive Q4? In short, what surprise will we not see coming this time? I welcome any and all thoughtful answers.
nobilis1 wrote: There has been a massive priced into the stock since it started falling apart before Q4. The lack of update on 2016 after taking their presentation down in january reinforced it and now with new cfo it seems they will try to blame poor Kenny. Anything less than a huge miss would result in a rally at this point.
Or it just a management team that does not give a sh$t and does what it wants even though all shareholders suffer. I still expect PE in the end and everybody moves on.