Fidelity has disappearedWithout their buying support the stock has sagged and here we sit. One has to wonder why they stopped buying.
Is it because they bought their fill OR is it that they know results are coming soon and they don't want to be active in the days leading up to the release so that the regulators don't question their activity.
From a chart perspective we can look at it two ways that correspond somewhat well.....first would be that the overall uptrend is intact and that once the news gets released, Fidelity starts buying again and we break out to new highs OR second would be that the insider sales capped the move and we made a double top at 18 and the news gets delayed a month or two and by that time we are sitting back at 8 cents.
I have to say being a DEC shareholder is frustrating sometimes. Management has credibility issues and never seem to create real value for anyone other than themselves. I stay long because the property has had some great results over the years but I wonder if it will ever pay off for me or other regular shareholders.