RE:Observe trading patterns--major sell off every morningAs frustrating as this share price action is...in my view the company is doing everything right of late.
Not only were the earnings out of the park, the conference call was very professionally done, Irwin Simon's interview on Mad Money was on the mark, and Carl Merton's AMA was superb. Not one misstep. What other company in this sector can claim that this summer?
But this is in the midst of TRST issues, Canopy on a protracted downslope, Trump tweets, and general market malaise.
I am frustrated by the stock price, but not the company.
That's enough for one week, I took the week off as there was construction being done on our house and needed to be around. Spent more time than normal following this.
But it is a nice morning and better outside than in.
Good weekend longs. We all know this company is doing better than the stock price suggests.
hevin wrote: Clear market manipulation happening, not likely by retail investors. Every morning 1.5 ish million shares, then some strength in afternoon. My question is it just more shorting (borrowed shares) or some other reason which we don't understand. Cosidering the results, it's not very logical however.
glta longs,
hevin